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304 East 16th Street
Concordia, KS 66901
Asking Price
$165K
Asset Type
Self-storage
Class
Class B
What's Special
Concordia Storage Site <p><span style="color: rgba(69, 77, 90, 1)">New storage shed on ½ acre makes for a great investment or a shop opportunity! Brand new 112’ x 50’ x 16’ storage shed situated on a prime ½ acre lot with excellent street frontage, high visibility, and easy access. This all new construction includes power already on site and a rock yard for added functionality. With plenty of room for expansion, this property offers great potential for rental income or conversion into your own workshop. A versatile op
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NOI
$80,000
Cap Rate
48.48%
DSCR
8.17
Strong
Cash-on-Cash
141.83%
Monthly Payment
$816.33
Annual Cash Flow
$70,204.04