Las Vegas NV Real Estate - Mary Warren, REALTOR®

Mesquite (Nevada, US - 89027)
MLS® $2,000,000 152 self storage units




"26,000 sq feet of rentable space"
 

Realty One
Mary Warren, REALTOR®, ABR, e-PRO, GRI


Mary Warren
 
Mary Warren
Email Mary
 
Phone: 702-360-8165
Fax: 702-920-8113
 
Details

Address: 761 Aztec Circle Type: Commercial Style: Commercial "Very low vacancy rates" Bedrooms: 4 Bathrooms: 4 Garage: Double, Attached "managers quarters" Size: 26,000 sq. ft. "152 units" Lot Type: Rectangular Lot Size:  1.31 acres  n/a "paved" Year Built: 1992
 
Description

Centrally located in the middle of Explosive residential growth market.

•152 self storage units
•26,050 square feet of rentable space
•Gated entrances
•All single story drive up units
•Close in, high traffic, high density residential area
•Explosive residential growth area
•14,000 platted and approved future home building sites, includes Sun City Mesquite

3200 square foot resident manager quarters with spectacular mountain views, 3 bedroom 4 bath plus shop and garage

Currently 95% full, with a history of very low vacancy rates

Annual gross income $116,000 (.22 per square foot) actual today, many units have not had rent increases in years

Pro forma numbers at .85 per square foot (fair market value) will bring gross to $265,710 annually or a cap rate of 13.28%

 
Highlights

152 self storage units 26,000 sq feet of rentable space
3200 sq foot resident mangers home, 4 bdroms, 4 baths, huge shop and garage, rental office Located in the midst of explosive residential growth in Mesquite, Nevada

Features
Exterior Finish
 Aluminum  Aluminum-Steel
Heating
 Central Electric
Roof
 Metal
Sewer/Water Systems
 Public  Water District
View
 Mountain View
Extra Features
 Cable Available  Controlled Access
Appliances
 Dishwasher  Refrigerator  Washer/Dryer Hookup
Brokered and Advertised by:   Mesquite GMAC NLS#1706040
 

Information is deemed to be correct but not guaranteed.