Published on: Tuesday, November 19, 2024
Updated on: Tuesday, November 19, 2024
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About the Lister
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Name: Brandon Robinson
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (760)534-8135
Provide Your Service
Financing  Business  Material
  North Enid Suds and Storage
4301 N. 4th Street Enid Oklahoma , 73701
4301 N. 4th Street Enid Oklahoma                                                                                            , 73701Calvary Realty
Listing ID: CL-Oklahoma-12832

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.08
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Oklahoma-12832
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1978
Building Size: 2,250.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
The Calvary Realty National Storage Group is excited to present a "Value Add" investment opportunity in Enid, OK. Enid is the 9th largest city in Oklahoma, strategically located 100 miles northwest of Oklahoma City and 115 miles east of Tulsa.
Complete Details
Year Build: 1978
Building Size: 2,250
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 21
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". The Calvary Realty National Storage Group is excited to present a "Value Add" investment opportunity in Enid, OK. Enid is the 9th largest city in Oklahoma, strategically located 100 miles northwest of Oklahoma City and 115 miles east of Tulsa. North Enid Suds and Storage features a single-story layout, encompassing a 2,200 square foot self-storage facility with 21 enclosed units and a 1,245 square foot car wash that includes 3 covered wash bays and 2 open vacuum bays. The property spans an 8,407 square foot lot and was originally constructed in 1978. Financial Highlights: • Car Wash Revenue: Approximately $1,100 per month. The car wash and vacuum machines have been recently upgraded to accept credit card payments. • Storage Revenue: Generates $1,250 per month. Despite a temporary drop in occupancy due to recent rent adjustments, year-over-year revenue has increased. Further revenue growth is anticipated with the implementation of tenant insurance on September 1st, 2024. Management: The property benefits from a local, on-the-ground manager who is compensated $50 per week to assist with on-site operations. This is an excellent opportunity to own an automated, cash-flowing business in a key metropolitan area of Oklahoma.
Additional Properties
Property Highlights
  • ESS Management Software
  • Online Bill Pay & Rentals
  • Car Wash Income
  • New Car Wash Payment Machines
  • Boots on the Ground
  • Nearly 4,000 Vehicles Per Day
  • Recent Rent Increases
  • Drive Up Storage Units
  • 9th Largest City in Oklahoma
  • 6 Security Cameras
Features
  • Acreage : 0.19
  • Price Per Sq. Ft, : $78.68
  • Car Wash Square Feet : 1,245
  • Number of Buildings: 3
Listing Location
Attached Documents
  • Download | April-24-NESS-Bank-Statement-pdf.pdf ( 98.43KB)
  • Download | Dec-23-NESS-Bank-Statement-pdf.pdf ( 417.98KB)
  • Download | Feb-24-NESS-Bank-Statement-pdf.pdf ( 88.52KB)
  • Download | Jan-24-NESS-Bank-Statement-pdf.pdf ( 430.85KB)
  • Download | June-24-NESS-Bank-Statement-pdf.pdf ( 45.14KB)
  • Download | management-summary-NESS-7-10-pdf.pdf ( 23.69KB)
  • Download | March-24-NESS-Bank-Statement-pdf.pdf ( 88.08KB)
  • Download | May-24-NESS-Bank-Statement-pdf.pdf ( 88.15KB)
  • Download | Nov-23-NESS-Bank-Statement-pdf.pdf ( 417.98KB)
  • Download | Occupancy-NESS-7-10-pdf.pdf ( 21.74KB)
  • Download | OM-North-Enid-Suds-and-Storage-August-2024-pdf.pdf ( 6,171.98KB)
  • Download | Property-Tax-Bill-pdf.pdf ( 55.71KB)
  • Download | Q-A-pdf.pdf ( 71.97KB)
  • Download | Rental-Agreement-pdf.pdf ( 73.72KB)
  • Download | Rent-Roll-NESS-7-10-pdf.pdf ( 26.43KB)
  • Download | Title-Profile-pdf.pdf ( 204.45KB)
  • Download | Vacant-Units-NESS-7-10-pdf.pdf ( 18.69KB)
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