25657 Redwood Hwy - Self-Storage Facilities FOR SALE


Cave Junction, OR 97523
$3,350,000 USD
408-642-0353
25657 Redwood Hwy, Cave Junction, OR for Sale
$3,350,000 USD
Self-Storage Facilities - FOR SALE
1/5
null | 7.09% Cap Rate

25657 Redwood Hwy
Cave Junction, OR 97523


HIGHLIGHTS

  • Investors have the opportunity to acquire a well-situated self-storage asset with high potential cash flow in the thriving city of Cave Junction.
  • A+ Self Storage offers a range of modern amenities including billing and payments via phone app, drive-up accessible storage units, & more.
  • Strategically positioned just off Highway 199, the subject property benefits from exceptional visibility and accessibility.
  • This prime location ensures a steady and substantial flow of passing vehicular traffic, maximizing exposure for A+ Self Storage.

OVERVIEW

A+ Self Storage is a rare opportunity to acquire a well-situated self-storage facility in the city of Cave Junction, Oregon. The acquisition of this asset will provide an investor with a well-maintained self-storage asset in an undersupplied local market with strong demographics. The subject property features approximately 35,300 net rentable square feet consisting of 223 self-storage units. The property sits on two contiguous parcels totaling 1.74 acres with space for 22 parking space. A+ Self-Storage offers a range of modern amenities including billing and payments via phone app, drive-up accessible storage units, ample lighting throughout the facility, 24-hour video surveillance and electronic gate access. The area surrounding the property has a population density of approximately 5,222 residents within a five-mile radius. A+ Self Storage presents an ideal investment opportunity for those looking to enter the self-storage market in Oregon. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A+ Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

C

APN/PARCEL ID

R329647

ASK ABOUT THIS PROPERTY

Matthew McCaffreyMarcus & MillichapMore Info
408-642-0353

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Matthew McCaffreyMarcus & MillichapMore Info
408-642-0353

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