AUCTIONEER’S NOTE: Great investment opportunity with relatively low carrying costs and good income potential Approximately 50% of current tenants have been in place for 2 or more years. All lease agreements are on a month to month basis.
DBL Storage – 366 Nevada SW, Huron, SD 57350
Description: COMMENCING AT SW CORNER OF LOT 22, BLOCK 64, 6TH RAILWAY ADD (N80’ OF S220’ OF W199’ OF BLOCK 64)
80’ x 199’ Lot
Steel Varco Pruden (“VP”) Building
Built in 2009
30 Units
(12) 10’ x 15’ units @ $40/mo.
(7) 10’ x 10’ units @ $30/mo.
(7) 10’ x 20 units @ $50/mo.
(1) 10’ x 25’ unit @ $60/mo.
(2) 10’ x 30’ unit @ $70/mo.
(1) 5’ x 10’ unit @ $20/mo.
Approx. 80% occupancy rate
TERMS: Twenty (20%) percent down upon signing purchase agreement with balance due at closing in 45 days.
For a detailed Buyer’s Prospectus with complete terms and conditions contact Max Steffes at Steffes Group, 701.237.9173 or 701.212.2849
AUCTIONEER’S NOTE: Great investment opportunity with relatively low carrying costs and good income potential Approximately 50% of current tenants have been in place for 2 or more years. All lease agreements are on a month to month basis.
DBL Storage – 366 Nevada SW, Huron, SD 57350 Description: COMMENCING AT SW CORNER OF LOT 22, BLOCK 64, 6TH RAILWAY ADD (N80’ OF S220’ OF W199’ OF BLOCK 64) 80’ x 199’ Lot Steel Varco Pruden (“VP”) Building Built in 2009 30 Units o (12) 10’ x 15’ units @ $40/mo. o (7) 10’ x 10’ units @ $30/mo. o (7) 10’ x 20 units @ $50/mo. o (1) 10’ x 25’ unit @ $60/mo. o (2) 10’ x 30’ unit @ $70/mo. o (1) 5’ x 10’ unit @ $20/mo. Approx. 80% occupancy rate
RENT INCOME & PROPERTY TAXES: The rent payments & taxes will be prorated to the date of closing based upon best available estimates.
TERMS: Twenty (20%) percent down upon signing purchase agreement with balance due at closing in 45 days.
*This bid was automatically generated on behalf of a bidder who had previously placed a maximum bid
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TERMS: As with any auction all items sell as-is with no guarantees or warranties of any type. Descriptions, photos and statements made or offered by sellers or auction staff are deemed correct but are not guaranteed. You are responsible for your own physical inspections, due diligence and any bids placed. Payment is due within 2 business days or additional charges may incur.
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