1611 19th E Ave, Newton, IA 50208

Property Details for 1611 19th E Ave

Year built

2006

Construction

FRAME

Lot size

3.01 lot acres

Property type

Warehouses

Property subtype

Self storage facilities

APN

826126008

APU

826126008

Description

This exceptional investment opportunity presents a well-established self-storage facility in Newton, Iowa. Boasting a substantial 36,240 square feet of rentable space situated on a generous 3.01-acre lot, this property offers significant potential for continued growth and profitability. The facility has a proven track record of success, having operated as a thriving business for 18 years, demonstrating consistent revenue generation and a strong tenant base. The property's established operational history minimizes the risk associated with new ventures, making it an attractive option for investors seeking a turnkey business with immediate cash flow. The location in Newton, IA, provides convenient access for the local community and surrounding areas, ensuring consistent demand for storage units. This is a rare opportunity to acquire a profitable, established business with a long history of success, offering a solid foundation for future expansion and increased returns. The asking price of $2,300,000 reflects the property's exceptional value and potential. This is a prime investment for those seeking a stable, high-yield asset in a desirable location. Serious inquiries only.

Location Insight

City

Newton

County

Jasper

State

Iowa

Longitude

-93.0316

Latitude

41.7165

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments