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345 Travertine Drive
Ardmore, OK 73401
Asking Price
$1.25M
Cap Rate
6.74%
Asset Type
Self-storage
Class
Class B
What's Special
Self Storage | 6.74% CAP | 128 Units | 95% Occupied <ul><li>Stabilized and Cash Flowing Self-Storage Facility Comprised of 128 Non-Climate Units Totaling 22,900 Net Rentable Square Feet</li><li>Deal Includes 2.56 Acres of Buildable Expansion Land That Can Be Used For Additional Storage Buildings or the Implementation of Outdoor Parking Rentals</li><li>Opportunity to Increase Revenue Through the Implementation of Existing Customer Rent Increases and Tenant Insurance Sales</li><li>Buildings are Relatively New Construction and in Excellent Condi
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184