1294 44th Ave - Self-Storage Facilities FOR SALE


Sweet Home, OR 97386
$3,350,000 USD
541-771-8225
1294 44th Ave, Sweet Home, OR for Sale
$3,350,000 USD
Self-Storage Facilities - FOR SALE
1/14
null | 7.21% Cap Rate

1294 44th Ave
Sweet Home, OR 97386


HIGHLIGHTS

  • Total Units: 211 (including 102 newly added units
  • Highway Frontage: 244 feet of direct visibility along Highway 20
  • Proven Performance: Phase 1 reached full occupancy within 12 months of opening (August 2019)
  • On-site rental kiosk for convenient customer sign-ups and lock sales
  • Cloud-based access control system for seamless remote management
  • Cloud-based property management software for seamless interaction with the gate, kiosk & website

OVERVIEW

Property Overview This is an exceptional opportunity to acquire an established, income-producing self-storage facility with proven performance and strong growth potential. The property recently completed a major expansion, adding 102 new units for a total of 211 units. Phase 1, opened in August 2019, demonstrated rapid lease-up—reaching 59% occupancy within six months and achieving full occupancy within one year. The newly completed Phase 2 expansion is poised to capture continued demand in this area. Located along Highway 20 with 244 feet of prime frontage, the facility offers outstanding visibility, easy access, and steady traffic exposure. Designed for efficiency and low maintenance, the property features a mix of unit sizes and modern amenities appealing to both residential and commercial tenants. With a strong operational history, modern technology systems, and expansion upside, this property offers investors a turnkey opportunity with stable cash flow and long-term value.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$6,227 USD /SF

CAP RATE

7.21%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

R1

APN/PARCEL ID

0238689

ASK ABOUT THIS PROPERTY

Sarah KinzerOregon Realty NWMore Info
541-771-8225

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Sarah KinzerOregon Realty NWMore Info
541-771-8225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.