5817 & 5815 Rowan Road, New Port Richey, FL 34653

Description

Great business opportunity, 100% occupied mini storage with 84 units and a Duplex on a separate parcel. This opportunity also comes with an onsite manager, and all the units have had new door seals and also been recently painted. The duplex also has been recently renovated inside with a new septic system and drain field. It is 100% occupied and currently bringing in around $7,500 per month which is $90k per year. Only expenses are taxes and insurance which total is around $10k a year. There is a lot of room for increase of rents as a large portion of the units have not been raised since the late 90's. There is also room for growth as well. Most of the tenants have been there for more than 20 years. This is a great income property with low maintenance. They also recently added a new domain and an online client sign up and payment system great for streamline management of payments and end of year accounting. Hurry this one won't last. Set up an appointment and please do not disturb the tenants thanks. All measurements are approximate buyer to verify.