Self Storage Site in Hooksett NH for sale
Approved site in Hooksett, NH for 419 climate controled units on 3.6 acres. Site on DW Highway US Rte 3. Busy location next to Granite Hills Condos. Engineering complete w/DOT permits. Priced to sell immeadiatly at $419,900. Call Ron Fredette at 603-836-2740. Positive cash flow opportunity!| Estimated cash flow analysis & construction cost worksheet | |||||||||
| Building One | Rates | Income | Income | V&C loss | total | ||||
| Mini Storage | # units | non climate | monthly | yearly | 20% | income | est exp | NOI | |
| 5x5 | 16 | $ 35 | $ 560 | $ 6,720 | $ 1,344 | $ 5,376 | |||
| 5x10 | 84 | $ 50 | $ 4,200 | $ 50,400 | $ 10,080 | $ 40,320 | |||
| 10x5 | 26 | $ 50 | $ 1,300 | $ 15,600 | $ 3,120 | $ 12,480 | |||
| 10x10 | 30 | $ 99 | $ 2,970 | $ 35,640 | $ 7,128 | $ 28,512 | |||
| 10x15 | 28 | $ 120 | $ 3,360 | $ 40,320 | $ 8,064 | $ 32,256 | |||
| 10x20 | 14 | $ 145 | $ 2,030 | $ 24,360 | $ 4,872 | $ 19,488 | |||
| 10x30 | 18 | $ 200 | $ 3,600 | $ 43,200 | $ 8,640 | $ 34,560 | |||
| 216 | $ 18,020 | $ 216,240 | $ 43,248 | $ 172,992 | $ 50,000 | $ 122,992 | |||
| Building One Construction Costs | Expenses | ||||||||
| land | $ 420,000 | Management | $ 30,000 | ||||||
| building const | $ 340,000 | Taxes | $ 10,000 | ||||||
| extras | $ 100,000 | Utilities | $ 5,000 | ||||||
| site prep | $ 50,000 | misc | $ 5,000 | ||||||
| total | $ 910,000 | total | $ 50,000 | ||||||
| Recap: | |||||||||
| Income | $ 172,992 | ||||||||
| expenses | $ 50,000 | ||||||||
| NOI | $ 122,992 | ||||||||
| Cap Rate | 10% | ||||||||
| Value Bld 1 | $ 1,229,920 | ||||||||
| future bldg 2 | $ 210,000 | ||||||||
| est future value | $ 1,439,920 | ||||||||
| Notes: | Rates of climate controlled are usually higher than non-climate controlled rates. | ||||||||
| Future value of land Building 2 estimated at 1/2 acquisition costs. | |||||||||
| All values are estimated. This worksheet is provided for informational purposes only. | |||||||||
| Customer/Client is advised to make their own decision based upon their own study and not rely upon this worksheet. | |||||||||
