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5600 County Road 114, Fulton, MO, 65251

I-70 & Hwy 54 Storage & Mobile Home Park

$2,980,000

Key Information

Cap Rate
7.84%
Tot. SF
34,630
Lot Size
21 Acres
Units
140
Type
Self Storage
Occupancy
90%
NOI
$233,593

Highlights

Property Highlights: 

  • Listing Price: $2,980,000
  • ±21 Acres
  • On-Site Managers Office
  • In-Place Adjusted NOI $233,593
  • 7.84% In-Cap Rate on Adjusted Expenses
  • ±16,500 VPD on US HWY 54
  • Self Storage & MHP Expansion Opportunity

Self Storage Highlights:

  • ±34,630 Total NRSF
  • 90% Physical Occupancy
  • 87% Economic Occupancy
  • 127 Total CC & NCC Units and 13 Exterior Parking Spaces
  • 60×100 Concrete Pad Ready to Build ±20 Additional Units
  • Only 6.43 SF Per Capita in 5-Mile Radius

Mobile Home Park Highlights:

  • Currently 37 Total Homes
  • 90% Physically Occupancy
  • City Water and Wastewater Treatment Plant for 75 Pads
  • 5 RTO
  • 29 POH
  • 3 TOH
  • Separately metered electric at each site
  • Room to add an additional 38 pads

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2017010164, 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203