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240 Elm St, Allison, IA 50602

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$440,000

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APR for 30 years

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High-Demand, Turnkey Storage Facility in Allison, IA - 60 Units | Strong Cash Flow This is a rare opportunity to acquire a well-maintained, income-producing self-storage facility located in the heart of Allison, Iowa. With 60 total units, this property is designed to accommodate a wide range of storage needs. The unit mix includes 5 units measuring 8x20' and 55 units at 10x20' which are in high demand for storage needs. Strategically positioned in a stable, rural community with limited competition, this facility benefits from consistent occupancy and strong local demand. Tenants include homeowners, small businesses, and contractors, contributing to a steady and diversified income stream. With minimal day-to-day management required, this is a truly passive investment opportunity. This facility is ideal for both seasoned investors and first-time buyers looking to step into reliable, low-maintenance income stream. With a solid track record and room forpotential growth, this is a strong investment opportunity in a growing sector. Property Address: 240 Elm St Allison, IA 50602 306 Allan St Allison, IA 50602 Property Features: -60 total storage units -Unit sizes: 5 units (8x20') and 55 units (10x20') -Excellent rental history with consistent occupancy -Low operating costs and high net income margins -Conveniently located with easy access to surrounding communities and highways
MLS# 11543279

Courtesy Of High Point Realty & Auction

(507) 218-1243

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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