2544 E State Hwy 20 - Self-Storage Facilities FOR SALE
Nice, CA 95464 |
$4,500,000 USD
916-337-4856
2544 E State Hwy 20
Nice, CA 95464
HIGHLIGHTS
- History of appreciation. Five years ago, the gross potential income was $333,300/year. Today the gross income is $5462,680/ year – a 68.8% increase.
- The five commercial suites offer diversity of investment as larger users seek business space in the submarket.
- Ancillary income sources. Car Wash brings in an additional $32,880 in income. Tenant protection plan is slated to generate roughly $25,000 annually.
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$93 USD /SF
CAP RATE
4.6%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hillside Storage & Car Wash
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
ADD'L SUBTYPES
Car Wash, Parking Garage
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.58 AC
LAND SF
199,505 SF
ZONING
C3
APN/PARCEL ID
201-040-050-000
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916-337-4856
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916-337-4856
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