15400 In-60 Borden, IN 47106
- Self storage facilities
- 8,755 SF
Current Use by Public Records
- Self storage facilities
Property Details for 15400 In-60
- Property size
- 8,755 SF
- Property type
- Self storage facilities
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Borden
- County
- Clark
- State
- Indiana
- Longitude
- -85.8634
- Latitude
- 38.4456
