949-724-5574
2961 Fruitridge Rd, Sacramento, CA for Sale
Self-Storage Facilities - FOR SALE
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2961 Fruitridge Rd
Sacramento, CA 95820
North City Farms


HIGHLIGHTS

  • 317 non-climate-controlled units
  • "Mom and Pop” owned and managed
  • High physical occupancy of 86%
  • Significant upside by bringing below-market rents up to market rents
  • Undersaturated self-storage market: 6.66 NRSF per capita
  • Extremely dense population: 404,189 people within a five-mile radius

OVERVIEW

The Colliers Self-Storage Team is pleased to exclusively offer an investment opportunity in Guardian Self Storage, located at 2961 Fruitridge Road, Sacramento, California. This self-storage facility provides investors with a rare opportunity to acquire a mom-and-pop self-managed, income-generating asset in a market with tremendous demographics and an irreplaceable location. With 317 units and 35,310 rentable square feet, the property is expected to generate a current projected NOI of $323,188. This is a stabilized, cash-flowing facility that is currently 86% physically occupied. The property features a keypad-gated entry, an on-site management office, and 24-hour video surveillance.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C2, Sacramento

APN/PARCEL ID

019-0221-030

ASK ABOUT THIS PROPERTY

Harrison CohenColliersMore Info
949-724-5574

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Harrison CohenColliersMore Info
949-724-5574

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