3.56 Acres in Box Elder, SD - $314,000

Unique Opportunity to own a Mini-storage Rental Building

Unique opportunity to own 3.56 acres on Cimarron Drive in fast growing area of Box Elder. American Storage mini-storage warehouse is 258x40 with 57storage units of varying size and one fenced outside yard space. Brand new roof! Much of the value of this property is in the lot and the possibilities of additional development! See associated docs for details on size and current rents. There is also one outside rental yard. The roof is brand new. Thanks to vandalization and mismanagement by a past property manager, the current occupancy rate is roughly 25% - leaving tons of room for income growth. Many new homes going up in the surrounding developments. Many new business going in on Cimarron Drive. Great location! Great opportunity! Bring your creative ideas. Call Faith Lewis (605-863-0725) for details and to arrange a showing.