31 MILL Street Unit# 55
Property Gallery Welcome to this BRAND NEW modern townhome in…
For Sale
Price On Call
29375 HWY 28 S
29375 HWY 28 S
For Sale
$1,399,000
Description
Property Gallery
“Storage in Bancroft” This well established Self Storage Rental Business has been successfully serving the Town of Bancroft and surrounding area for almost 20 years. Ideally situated on Highway 28 South for great visibility and access just 5 minutes south of Bancroft. There are a total of 100 units in 2 buildings with very few vacancies. This business virtually runs itself. All bookings and payments are conveniently made on line. Projected gross revenue for 2025 is about $136,500.00 plus HST. The NOI ( Net Operating Income) should be about $89,000.00. There is a small office, an electrical room, and a huge 32′ x 35′ double garage currently used by the owners. The garage could be converted to 4 additional rental units or rented out as-is. The site is 1.143 acres and has just been fenced in. A Phase 1 Environmental Study has just been completed. (id:62834)
Features
Property on Map
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30 Years Fixed, 3.5% Interest
- Principal and Interest
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