INCOME PRODUCING COMMERCIAL STORAGE UNITS

224 HIGHWAY 70W

LENOIR CITY TENNESSEE 37771

THE STORAGE UNITS: 13 UNITS TO INCLUDE 12- 10' X 20'  UNITS BRINGING IN $100 EACH PER MONTH, 1 10' X 10' UNIT BRINGING IN $99 PER MONTH. STAND ALONE BUILDING BRINGING IN $600 PER MONTH, SPACIOUS FRONT OFFICE BUILDING WITH POTENTIAL FOR $2000 PER MONTH OR CLIMATE CONTROLLED STORAGE!! CURRENT OUTDOOR STORAGE INCOME $400 PER MONTH WITH ROOM FOR EXPANSION!!

APPROXIMATE TOTAL CURRENT MONTHLY INCOME:  $2,389.00

POTENTIAL MONTHLY INCOME THE WAY IT IS:  $5,489.00

($55 PER OUTDOOR STORAGE X 20 OUT DOOR SPACES,

$2000 PER MONTH OFFICE BUILDING IN FRONT)   

.68 ACRE LOT ZONED COMMERCIAL

 

TOTAL YEARLY TAXES:   $1341.57