Property details

California Self Storage Facility For Sale, Pacific West Region

Property Description

California Self Storage Facility For Sale

265-unit Northern California Storage Facility

There is a 6000 sq/ft commercial building with additional rental income of 20,400. The rental is a set price that the owner had given to their old manager-tenant. The owners are in the process of tearing down this building and putting in a new office which will also make more room to add more storage buildings. Utilities will dramatically decline with not needing to heat or cool the new building.

This is an off-market, confidential, controlled and deliverable property.



Storage Properties For Sale



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Highlights

Status:
Available
Price:
$2,200,000
Cap Rate:
6.65%
Annual Rent:
$146,350
 

Property Information

Property Type:
Storage Properties
Industry Type:
Self Storage - Mini Storage
Units/Spaces:
265
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.