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Unique Opportunity to own a Mini-storage Rental Building

Unique opportunity to own 3.56 acres on Cimarron Drive in fast growing area of Box Elder. American Storage mini-storage warehouse is 258x40 with 57storage units of varying size and one fenced outside yard space. Brand new roof! Much of the value of this property is in the lot and the possibilities of additional development! See associated docs for details on size and current rents. There is also one outside rental yard. The roof is brand new. Thanks to vandalization and mismanagement by a past property manager, the current occupancy rate is roughly 25% - leaving tons of room for income growth. Many new homes going up in the surrounding developments. Many new business going in on Cimarron Drive. Great location! Great opportunity! Bring your creative ideas. Call Faith Lewis (605-863-0725) for details and to arrange a showing.

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I90E to exit 63 follow 14 E to to S Ellsworth Rd turn left to Cimarron Drive turn right. Property on left side of Cimarron Drive

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Faith Lewis Realty

License #14675

Custer, SD

(605) 566-6238

Provided By

Faith Lewis Realty, (605) 566-6238
Source: MLS# 56289
Listing last updated: February 5, 2022 at 4:31 PM
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