Amazing opportunity to own and invest in a 22 mini storage unit facility, plus office space to operate, Also included are 5 year round cabins (tiny homes) completely rented, plus 10 RV park and campground lots all on public water and public sewer. Situated on 1.54 acres, with 143 feet of water frontage on Cayuga-Seneca Canal as well as a dock for multiple boats. --Size of cabins - 12 x 20 --size on storage units - 21 of the units are 5' x 13' and 1 is 8' x 13' --size of RV spaces - each pad can hold roughly a 35 to 40 foot RV --What type of hook ups at the sites (sewer, electric?) Water, sewer and electric on each pad --Is there a dump station- trash dumpster on Site -- Is there a public bathroom - there are 2 showers with toilets and sinks. -- 4 of the Cabins are rented for $750 and 1 is rented for $650. --What is 11% cap rate mean? Net Operating Income divided by the Sales Price --Why is asking price almost double assessed value - The owners had an appraisal done 2013 and the value came back at $325,000.00
Off market
Price Unknown
984 Waterloo Geneva Rd, Waterloo, NY 13165
0beds
0baths
400sqft
SingleFamily
Built in 1968
1.54 Acres Lot
$-- Zestimate®
$--/sqft
$1,075 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- Wall
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Basement (not specified)
Interior area
- Total interior livable area: 400 sqft
Property
Features
- Entry level: 1
- Exterior features: Stucco, Wood, Cement / Concrete
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Canal Front
- Body of water: Cayuga And Seneca Canal
- Frontage type: Canal
- Frontage length: 79
Lot
- Size: 1.54 Acres
- Features: Views
Details
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Existing
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Waterloo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $375 monthly
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- Flooring: Carpet, Vinyl
- Heating: Baseboard, Electric
- Roof: Asphalt
- GarageYN: true
- FrontageType: Canal
- HeatingYN: true
- WaterfrontYN: 1
- ConstructionMaterials: Stucco, Wood Siding, Log Siding, Concrete Block
- NumberOfUnitsInCommunity: 5
- FrontageLength: 79
- OperatingExpenseIncludes: Water/Sewer, Utilities
- SpecialListingConditions: Standard
- EntryLevel: 1
- OpenParkingYN: true
- LeaseAmount: 0
- LotFeatures: Views
- View: Water
- StructureType: Multi Family
- WaterfrontFeatures: Canal Front
- Cooling: Wall Unit(s)
- RentIncludes: All Utilities
- YearBuiltDetails: Existing
- Appliances: Negotiable
- PropertyCondition: Existing
- WaterBodyName: Cayuga And Seneca Canal
- MlsStatus: A-Active
- TaxAnnualAmount: 5525