- Investment Sold
- 2502 Spring Ridge Drive, Spring Grove, IL 60081.
- Price: $2,395,000
- 27,225 sq. ft.
Highlights
- 4 Buildings / 99 Units
- 97% Leased
INVESTMENT OPPORTUNITY
SELF STORAGE FACILITY
4 BUILDINGS • 99 UNITS • 27,225 SF
This self storage facility has 3 storage buildings and 1 flex office/warehouse building with the total square footage of all 4 buildings equating to 27,225 SF. Fenced and gated with room for some outside storage as well. 92 storage units within the 3 self storage buildings. Unit sizes are a mix of 5’x10’, 10’x10’, 10’x15’, 10’x20’ and 10’x30’ with 14’ ceiling height and 12’x14’ DIDs. The flex building is home to 7 units of warehouse and office space with a 10,875 SF footprint.. (See rent roll for breakdown of units)
Currently 97% leased. Recent upgrades have this place humming, kicking off a nice $154,382 NOI and 6.18% CAP rate.
Contact broker for financials.