14426 Skyway is an income-producing self-storage facility strategically located on Skyway, the dominant north-south arterial connecting Magalia, Paradise, and Chico. The property benefits from strong drive-by visibility, easy access, and a loyal customer base drawn from surrounding residential neighborhoods and the
broader ridge communities.
Demand Drivers:
High proportion of single-family homes, manufactured housing, and rural residential parcels, all of which correlate with elevated storage usage.
Ongoing rebuilding and contractor activity in the Paradise/Magalia region continues to support demand for contractor and household storage.
Strong need for overflow storage due to smaller lot sizes, limited garage capacity, and seasonal equipment storage typical of foothill communities.
Facility Features:
Professionally operated drive-up self-storage with secure perimeter fencing and controlled access.
Wide drive aisles suitable for trucks, trailers, and contractor vehicles.
Clean, well-maintained buildings consistent with Crown Storage's regional operating standards.
4.3-star rating with 56+ reviews, indicating strong customer satisfaction.
Access & Circulation:
Direct ingress/egress from Skyway with excellent maneuverability.
Central location within Magalia provides quick access for both local residents and ridge-area commuters.
Offered at a 6.58% CAP on current, the property offers a proforma CAP of 8.73% when a 10% rent increase and 90% economic occupancy is achieved.