Storwell - Arnett, is an excellent self-storage asset located at 320 Arnett St in the beautiful coastal city of Crescent City, CA.
Acquisition of this asset will provide investors with a well-maintained self-storage facility with strong tenancy and upside potential.
Storwell - Arnett is situated on a 23,087 square foot parcel of land and features 10,750 net rentable square feet. The subject property offers tenants a variety of storage solutions ranging in size from 5 x 10 to 25 x 30. Storwell - Arnett features state-of-the-art amenities such as a secure gated entry, drive-up access with roll-up doors, a 24-hour security system, and property monitoring to ensure no unauthorized access.
The subject property is strategically situated along the busy thoroughfares of U.S. Highway 199 and U.S. Highway 50, connecting California to Washington.
Storwell - Arnett presents an ideal investment opportunity for those looking to enter the California self-storage market. 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 portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.