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40 W ST Highway 92

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Home/AL/Newton

40 W ST Highway 92

Newton, AL 36352
Asking Price
$1.60M
Asset Type
Office
Class
Class B

What's Special

Established Storage Facility with 80 Rental Units and Additional Capacity to Increase Occupancy <ul><li>​<span style="color: rgba(49, 66, 61, 1)">Income producing </span></li><li>​<span style="color: rgba(49, 66, 61, 1)">20 climate controlled units</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">60 non climate controlled units</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">High traffic location</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Room for expansion</span></li><li>​<span style="color: rgba(49, 66, 61, 1)">Large 10,000 sq ft shop</span></li><li>​<span

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

Location & Travel Times

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