Joplin, MO 64801
MLS# 60066302
Status: Closed
9600 sqft
Property Description
Don't miss this fantastic investment opportunity in the heart of Joplin offered at an 8% CAP Rate! Rex Ave Self-Storage is a 74 unit mini-storage on 1.03 acres surrounded by major retailers (Walmart, Home Depot, etc.) and multifamily/senior living facilities. Rex Ave Self-Storage is also one of the only climate controlled storage providers in the area. With 9,025 sqft of rentable storage space, Rex Ave provides great cash flow and maintains an average of about 97% occupancy annually with room to grow cash flow through rental rate increases. This offering includes all current leases, customer account information, and payment information. Please direct all communications to agent/owner. Listing also includes & 3402 E 7th St, Joplin, MO 64801--Joplin Mini Storage.
Last Updated: December - 17 - 2019
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