2.84 Acres in New Prague, MN - $279,000

2.84+/- Acres Le Sueur County, MN

Dont miss the chance to be your own boss by investing in this lucrative industry and owning your very own minimal maintenance storage business. The building is 48*138 and is comprised of 22 larger units and 8 smaller units. This storage unit is conveniently located close to town on a busy paved highway with significant room for expansion with more buildings or an open-lot fenced in storage or a combination thereof.

According to the National Association of REIT, from 1994 to 2017 the self-storage sector produced an average annual return of 17.43%.

The unit has been managed remotely from a different state and would benefit immensely from local ownership/management as depicted on the proforma below: