INCOME PRODUCING COMMERCIAL STORAGE UNITS- 224 HIGHWAY 70W LENOIR CITY TENNESSEE 37771
A 0% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
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
10% Buyer's premium added to final bid price. 10% down day of sale; closing in 30 days or less. Property sold as-is with any and all faults. No contingencies. There is an auto-extend feature enabled. For example, if the property is scheduled to end at 2:00PM and someone bids at 1:59PM, the bidding is automatically extended for 5 minutes with a new end time of 2:04PM. Each time the auction goes under 5 minutes, it is eligible to extend. This allows you time to bid again if you so choose. This mimics a live auction, as once the bidding is exhausted and the last bid is received, then the time will tick down and the auction will end. This makes it fair to all bidders. There is also an EXTEND-ALL feature. If one lot gets a bid in the last 5 minutes, all properties will extend at the same time.. If you don't understand the terms of the Auction, call us and we will explain them to you. If you don't trust the system, THEN DON'T BID!
You must register and agree to the terms to be eligible to bid!
All sales are final. Structures built before 1978 may contain lead based paint. Thank you for bidding.
United States