1429 South Rex Avenue, Joplin, MO 64801

$1,350,000
Property Type: Commercial-All Types Square Footage: 9,600 Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $1,350,000 List Date: 11/09/2016 Last Modified: 12/17/2019

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.

More Information MLS# 60066302

Contract Information

Construction Status: Existing Transaction Type: Sale List Price/SqFt: 140.63 Foreclosure/Short Sale: No Property Sub-Type: Industrial Begin Date: 2016-11-09 List Price: $1,350,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt - Vacant: 0 SqFt - Office Space: 0 SqFt - Retail Space: 0 Waterfront/View: None Lake/River: None Total SqFt: 9600 Aprx Year Built: 2001 Number of Units: 74 Aprx Lot Size (Acres): 1.03 Lot Dimensions: Acres

Status Change Info

Price Disclosed: Yes Status: Closed Under Contract Date: 2017-01-18 Sold Date: 2017-04-05

How to Show

Call Listing Agent: 1

Business Type

Mini-Storage: 1 RV/Boat Storage: 1 Warehouse: 1

Cooling

Central: 1 Electric: 1

Fencing

Barbed Wire: 1 Chain link: 1 Fencing-Full: 1

Curb Cuts Available

One: 1

Heating

Electric: 1 Heat Pump: 1

Land Status

Land Included: 1

Miscellaneous

Fencing: 1 Humidity Control: 1

Parking

Paved: 1

Roof

Metal: 1

Utilities Available

Electric: 1 High Speed Internet Access: 1

Location Tax and Other Information

Street #: 1429 Street Direction: South Street Name/Route: Rex Suffix: Avenue County: Jasper State/Province: MO Zip Code: 64801 Parcel ID: 20300730005008001 Real Estate Tax: 4318.33 Tax Year: 2016 Legal Description: Legal to govern.

Remarks Misc

Directions: From intersection of 7th and Rangeline: Head East on 7th, South on Rex Ave, Subject property on East side of Rex Ave. From intersection of 20th and Rangeline: Head East on 20th, Just past Walmart Supercenter and Home Depot head North on Rex Ave, Subject property on East side of Rex Ave.

Property Features

How to Show: Call Listing Agent Business Type: Mini-Storage; RV/Boat Storage; Warehouse Cooling: Central; Electric Curb Cuts Available: One Heating: Electric; Heat Pump Land Status: Land Included Miscellaneous: Humidity Control Parking: Paved Roof: Metal Utilities Available: Electric; High Speed Internet Access Fencing: Barbed Wire; Chain link; Fencing-Full
Listing Office: Keller Williams
IDX
Last Updated: December - 17 - 2019
Broker Attribution: klrw369@kw.com

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