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$Seller Financing Available

Asking Price	$670,000	Inventory
Gross Income	$57,634	Real Estate	$350,000*
Cash Flow	$45,990	Year Established	1992
FF&E	$17,550*	Employees	1

* included in the asking price

** not included in the asking price

Absentee owner business opportunity! Average weekly time commitment of five hours leaves time to pursue other interests. All fifty four (54) storage units and three (3) commercial buildings are leased. Demand for storage units in this growing community is more than the business can supply. Excellent expansion potential on land that could be developed with an additional forty four (44) more storage units. Based on the first six months income/expenses for 2009, the projected income will be $57,657. The owner currently occupies 2 units. The new owner could lease these and realize additional income of $4,800/year. This will bring the projected gross annual income to $62,457.00. The projected expenses for 2009 are $12,500. The net income of $49,957.00 (at a cap rate of 7.5) was used to arrive at a listing price of $670,000.00 which includes all asset

Seller Financing Available: Yes

Financing: Seller will carry back financing for a qualified buyer.

Support/Training: Not training will be neccessary.

Reason Selling: Retirement