2426 & 2430 9th Ave

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2426 & 2430 9th Ave

Council Bluffs, IA 51501
Asking Price
Contact for price
Asset Type
Self-storage
Class
Class B

What's Special

278 Units | 11 Buildings <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Cohoe Storage & Business Center is a </span><strong style="color: rgba(0, 0, 0, 1)">4-location portfolio totaling ~44,000 NRSF</strong><span style="color: rgba(0, 0, 0, 1)">, currently operating at </span><strong style="color: rgba(0, 0, 0, 1)">62% physical occupancy</strong><span style="color: rgba(0, 0, 0, 1)"> with a clear path to stabilization.</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">From a supply-demand standpoint, the submarket r

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times