Mini Storage Facility For Sale- It's Time to Invest Smartly By Allan Smithz At Isnare.com Ezine Articles

Mini storage facility for sale! Be your own boss. Make your own hours. Now, for a much lower cost than you thought possible, you can own your own commercial real estate project. Whether this is your first business venture or you are a seasoned businessman, this opportunity is a once in a lifetime chance. With low maintenance costs, minimal monthly utility fees, and almost no labor costs, a self storage complex is the perfect low risk business venture. In many areas operating near one hundred percent occupancy rate and a full transfer of current rental contracts upon purchase of the complex, your project will be profitable from the first day of ownership. Don't think you have enough capital? Some owners will finance the purchase of the facility and guarantee a lower interest rate than any competitive bank or loaning office. With so much upside, do not miss out on this once in a lifetime opportunity.

Located in the high traffic area, many mini- storage facilities can have an almost one hundred percent occupancy rate. For example, in one recent location, all but three of the one hundred and twenty-five units were rented. Over half of these renters have rented a unit for longer than one year. Average rental costs per a unit are one hundred and twenty-five dollars per month, with an average monthly yield of over twelve thousand dollars. Average utility costs are minimal. Most commonly, there are only two employees on the payroll; one office manager, who handles rental contracts and general questions and one maintenance technician who normally works on a retainer. Both usually are willing to continue their employment with the sale of their real estate asset. However, a new owner will have the ability to manage the facility by him or herself. Thus, cutting the cost of labor and increasing the net profit of the facility. If the owner has other responsibilities, then the current office manager is more than capable of handling the day to day operations. Also included in the sale are two eight-foot moving trucks. These trucks are in good running condition and are generally used to assist clients in the movement of items to be stored in the facility. If you can purchase this at the right price, then you just got yourself a cash cow.

If you are considering the purchase of a mini-storage for sale, remember that in order to ensure a profitability, potential clients must be confident that the property is safe and that their stored items are strongly secured. To protect against burglary or theft the entire complex is surrounded by a ten foot chain link fence topped with barbed wire. The only way through the fence is through an automated sliding chain link gate. This gate can only be opened by typing in the correct entry code into the provided keypad. This code can be changed as often as desired. There are also eight video cameras that, collectively, give a constant view of the entire mini storage facility. Current recording capabilities allow a video history of up to eight days. However, this can be increased by simply utilized more cassettes or by updating to a digital recording system. Finally each mini storage unit is enclosed by a heavy gauge steel door. Every client is responsible for securing their own unit with whatever lock they desire. This ensures that only the client has access to the mini storage unit. Act now! With all of these features, the mini storage facility you're looking at investigating may not be for sale for too much longer.

Published At: Isnare Free Articles Directory http://www.isnare.com
Permanent Link: http://www.isnare.com/?aid=331233&ca=Business

Important Notice DISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.