Self-Storage Facility

Old Route 36 Mini Storage

6678 Old Rte 36, Riverton, IL 62561

Listing Price: $2,100,000

Cap Rate
6.70%
Occupancy
81.41%
Year Built
2003

Investment Overview

Marcus & Millichap is pleased to offer for sale Old Route 36 Mini Storage in Riverton, Illinois. This facility includes 290 non-climate-controlled units, totaling 45,000 net rentable square feet. They also offer 40 RV parking spaces for rent. The facility was originally built in 2003 and the owner has expanded an additional building every other year since opening. It is a stabilized facility and has a high current physical occupancy of 92 percent. The lot size is 5.19 acres and has room for future expansion. Old Route 36 Mini Storage is a stabilized property with a great location right off Interstate 72.

Old Route 36 Mini Storage is being offered for $2,100,000 or $46.67 per rentable square foot.

Investment Highlights

  • 290 Non-Climate Controlled Units
  • 40 RV Parking Spaces (Completed Fall of 2019)
  • 45,000 Net Rentable Square Feet
  • Room For Future Expansion

Exclusively Listed By

Self-Storage Facility

Old Route 36 Mini Storage

Listing Price: $2,100,000

Cap Rate
6.70%
Occupancy
81.41%
Year Built
2003

Investment Highlights

  • 290 Non-Climate Controlled Units
  • 40 RV Parking Spaces (Completed Fall of 2019)
  • 45,000 Net Rentable Square Feet
  • Room For Future Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale Old Route 36 Mini Storage in Riverton, Illinois. This facility includes 290 non-climate-controlled units, totaling 45,000 net rentable square feet. They also offer 40 RV parking spaces for rent. The facility was originally built in 2003 and the owner has expanded an additional building every other year since opening. It is a stabilized facility and has a high current physical occupancy of 92 percent. The lot size is 5.19 acres and has room for future expansion. Old Route 36 Mini Storage is a stabilized property with a great location right off Interstate 72.

Old Route 36 Mini Storage is being offered for $2,100,000 or $46.67 per rentable square foot.

Exclusively Listed By

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