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Mini Storage - Nice Cash Flow- Coastal North Carolina

Emerald Isle, North Carolina (Carteret County)

Services - Storage & Warehousing

Asking Price $899,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow $99,762 Year Established 2002
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

This property provides a nice cash flow and nearly runs itself. Financing is available. This truly is a rare opportunity to own a bazaar and mini-storage just five minutes from Emerald Isle Beach, NC. In addition to a consistent current income from the bazaar and mini-storage property, there is room for expansion. Seventy five units can be added on the existing property. There is also an adjoining lot of .75 acres which includes 223' of road frontage for an additional $145k. The economy of the area is extremely strong. The drivers of this economy are affordable coastal living in Carteret County and the dramatic growth of Camp Lejeune Marine Base in neighboring Onslow County. Within five miles are two new Walgreens, a new Lowe's, several new banks & restaurants, new Walmart, and just two miles away is the largest sports complex on the east coast. Also, within minutes are golf courses, health clubs, medical offices, large existing waterfront communities and five new housing developments underway. Also available separately for a price of $275K, is 14 acres of high ground with electric, city water, and two miles from water access.

Attachments: Download additional information (PDF)

Facilities: The property consists of 2.03 acres holding the bazaar building 60' X 100' and three 20' X 150' storage buildings. Occupancy 100%. Seventy-five units can be added on the existing property. There is also an adjoining lot of .75 acres, which includes 223' of road frontage for an additional $145k.

Growth/Expansion: There is room to add an approximate 75 additional storage units.

Reason Selling: Owner's wish to travel more

Business For Sale By

Sunbelt Business Broker

919-787-0566

Sunbelt Business Advisors--Raleigh

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Contact the seller about this Mini Storage - Nice Cash Flow- Coastal North Carolina

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