Self Storage For Sale • 126,678 SF
Embrace the exclusive chance to acquire an entire thriving family-run enterprise, encompassing six properties, equipment, and everything essential for operating a prosperous self-storage business. Seize the opportunity presented by this business's consistently low vacancy rate, expansion opportunities, prime locations, and remarkable name and brand recognition. Instances to enter the self-storage industry with such favourable conditions are rare. Feel free to reach out today with any inquiries. Introducing a distinctive opportunity brought to you by Berkshire Hathaway's self storage specialists. We are thrilled to present a unique portfolio sale, featuring a semi commercial/storage site and five self-storage facilities. This exclusive offering encompasses a strategic blend of prime locations, equipped with everything necessary for a thriving self-storage business, and a proven track record of success. Explore this unparalleled chance to elevate your investment portfolio with us. The Business's main attractions: - 1-3% historical vacancy - Capacity to sustain organic rent increase - Close to commercial services and residential areas with easy access to highways - Strong branding - SEO - Domain names: ENTREPOSAGE LAVAL and ENTREPOSAGE LAURENTIDES - Environmental Studies + Engineer Reports Available - Prime locations - Possibility to expand 4 locations* FINANCIAL INFORMATION $ 2 091 633 Current annual gross revenue $ 347 740 Current total annual OPEX $ NOI of 1 744 000 ** These figures do not include the mortgage payments on the loan ** * There is currently an opportunity to take over a loan from the company at a 5.21% interest rate, which is locked in until May 2027.
Cap Rate: | 7.30 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Gare Vimont (Saint-Jérôme - exo-Réseau de transport métropolitain) | 4 min | - | 1.6 mi |
Gare Sainte-Rose (Saint-Jérôme - exo-Réseau de transport métropolitain) | 11 min | - | 4.1 mi |
Airport | Drive | Walk | Distance |
Montréal-Pierre Elliott Trudeau International | 22 min | - | 13.4 mi |