3558 Citadel Cir, Newburgh, IN 47630

Commercial property for sale

• Description
• UNIQUE INVESTMENT OPPORTUNITY WITH ROOM TO EXPAND. "Jumbo Storage" offers drive-through bays for storage of RVs, boats, trailers and other large storage needs. This facility was developed as a condo association, with drive-through bays selling for $35,000 each. Six drive-through bays and three smaller bays remain, all of which are fully rented, producing nearly $36,000 in annual gross income. 9% CAP rate on anticipated 2013 net income, plus room to add up to 22 additional storage units (excess land valued at $45,000). Building price details: $299,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• 812-474-1900 [Office]
• Note

• Details Info about this row that located on 3558 Citadel Cir, Newburgh, IN 47630 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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