1429 South Rex Avenue, Joplin, MO 64801 (MLS# 60066302)

1429 South Rex Avenue, Joplin, MO 64801

$1,350,000
Property Type: Commercial-All Types Square Footage: 9,600 Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $1,350,000 List Date: 11/09/2016 Last Modified: 12/17/2019

Overview

Description

Don't miss this fantastic investment opportunity in the heart of Joplin offered at an 8% CAP Rate! Rex Ave Self-Storage is a 74 unit mini-storage on 1.03 acres surrounded by major retailers (Walmart, Home Depot, etc.) and multifamily/senior living facilities. Rex Ave Self-Storage is also one of the only climate controlled storage providers in the area. With 9,025 sqft of rentable storage space, Rex Ave provides great cash flow and maintains an average of about 97% occupancy annually with room to grow cash flow through rental rate increases. This offering includes all current leases, customer account information, and payment information. Please direct all communications to agent/owner. Listing also includes & 3402 E 7th St, Joplin, MO 64801--Joplin Mini Storage.

Listing Details MLS# 60066302

Contract Information

Property Sub-Type
Industrial
Construction Status
Existing
Begin Date
2016-11-09
Transaction Type
Sale
List Price/SqFt
140.63
Foreclosure/Short Sale
No
Agreement Type
Exclusive Right To Sell

Location Tax and Other Information

Street #
1429
Street Direction
South
Street Name/Route
Rex
Suffix
Avenue
County
Jasper
State/Province
MO
Zip Code
64801
Parcel ID
20300730005008001
Real Estate Tax
4318.33
Tax Year
2016
Legal Description
Legal to govern.

General Property Description

Total SqFt
9600
Aprx Year Built
2001
Number of Units
74
Aprx Lot Size (Acres)
1.03
Lot Dimensions
Acres
Waterfront/View
None
Lake/River
None
SqFt - Vacant
0
SqFt - Office Space
0
SqFt - Retail Space
0

Remarks Misc

Directions
From intersection of 7th and Rangeline: Head East on 7th, South on Rex Ave, Subject property on East side of Rex Ave. From intersection of 20th and Rangeline: Head East on 20th, Just past Walmart Supercenter and Home Depot head North on Rex Ave, Subject property on East side of Rex Ave.

Status Change Info

Under Contract Date
2017-01-18
Sold Date
2017-04-05
Price Disclosed
Yes

Location, Tax and Other Information

Inside City Limits
Yes
RE Tax Provided By
Assessor Records

More Information

How to Show

Call Listing Agent
Yes

Business Type

Mini-Storage
Yes
RV/Boat Storage
Yes
Warehouse
Yes

Cooling

Central
Yes
Electric
Yes

Fencing

Barbed Wire
Yes
Chain link
Yes
Fencing-Full
Yes

Curb Cuts Available

One
Yes

Heating

Electric
Yes
Heat Pump
Yes

Land Status

Land Included
Yes

Miscellaneous

Fencing
Yes
Humidity Control
Yes

Parking

Paved
Yes

Roof

Metal
Yes

Utilities Available

Electric
Yes
High Speed Internet Access
Yes

Property Features

How to Show: Call Listing Agent Business Type: Mini-Storage; RV/Boat Storage; Warehouse Cooling: Central; Electric Curb Cuts Available: One Heating: Electric; Heat Pump Land Status: Land Included Miscellaneous: Humidity Control Parking: Paved Roof: Metal Utilities Available: Electric; High Speed Internet Access Fencing: Barbed Wire; Chain link; Fencing-Full
IDX
Listing Office: Keller Williams
Last Updated: December - 17 - 2019
Broker Attribution: klrw369@kw.com

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