Ideal fully leased, 7.18%Cap Rate, investment opportunity. Two buildings for a total of 19 units (15,200 SqFt). All units are 20' X 40' with 12'w X 14'h overhead door and man door. Power outside of each door. All units leased with a waiting list. Management in place or manage yourself. $74,376 gross income with $20,525.36 expenses (2014) for a net income of $53,850.64 for a 7.18% CAP rate return. $750,000 / 15,200SqFt = $49.32 PSF. CCA dues include CAM, insurance, utilities.
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