For Sale
$640,000

15400 In-60 Borden, IN 47106

49 Units, 8,755 SF, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional self-storage facility in Borden, Indiana, presents a lucrative investment opportunity. Located at 15400 IN-60, this property encompasses approximately 11 acres, including 1.5 acres developed with a 49-unit self-storage complex and 7 RV/camper pads. The facility has undergone a major rehabilitation, boasting a new security camera system, LED security lighting, updated fencing, a coded security gate, and new doors. The asphalt parking lot has been expanded and improved. A smaller 25x35 building features a new concrete floor and a separate rear overhead slide door, complete with a city water meter. A comprehensive 24/7 excess management software system is in place, streamlining operations and receivables. The property also includes a flat, rocked area ideal for future expansion, potentially accommodating warehousing or additional RV/camper/boat storage. Its strategic location adjacent to Deam Lake State Park offers significant growth potential. The asking price is $640,000, representing a price per square foot of $73.10. This turnkey operation is ready for immediate income generation. The property's recent upgrades and prime location make it an attractive investment for experienced operators seeking a high-return asset in a desirable market.

Highlights

  • $640,000 asking price for a 49-unit self-storage facility.
  • 8,755 square feet on approximately 11 acres.
  • $73.10 price per square foot.
  • Recently renovated with new security systems, fencing, and parking lot.
  • Includes 7 RV/camper pads and expansion potential.

Property Details for 15400 In-60

Property type
Self storage facilities
Square Feet
8,755 SF

Location Insight

City
Borden
County
Clark
State
Indiana
Latitude
38.4455635
Longitude
-85.8634411

FAQs

What type of property is this?
Self storage facility - 49 Units, 8,755 SF, High ROI
Where is the self storage facility located?
The property is located at 15400 In-60 Borden, IN.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: $640,000 asking price for a 49-unit self-storage facility.; 8,755 square feet on approximately 11 acres.; $73.10 price per square foot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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15400 In-60
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