MLS® ID: 5929099
5649 E BASELINE Road
Mesa, Arizona, 85206 $2,124,800
Standage RV & Boat Storage comes with 136 current spaces all running occupied. The business is operating at an NOI of $151,260 a year, 7.12% CAP RATE. There are 2 buildings, 3 parcels, with roughly 2.8 acres. Room to develop additional spaces for the next owner. This family business has been established for many years, and the current rents are sub market. The single family detached home is a basement home consisting of 5 bedrooms, 3 bath, and just over 2,800 sq feet. This business is a money making machine with minimal expenses.