320 Arnett - Self-Storage Facilities FOR SALE


Crescent City, CA 95531
$1,650,000 USD
408-642-0353
320 Arnett, Crescent City, CA for Sale
$1,650,000 USD
Self-Storage Facilities - FOR SALE
1/11
null | 6.04% Cap Rate

320 Arnett
Crescent City, CA 95531


HIGHLIGHTS

  • Storwell - Arnett offers investors the opportunity to acquire an excellent self-storage asset with upside potential.
  • The subject property features state-ofthe- art amenities such as a secure gated entry, drive-up access with roll-up doors & a 24-hour security system.
  • Allows property owners to adjust rental rates in response to market demand and operational costs, promoting flexibility and revenue growth.
  • Storwell - Arnett provides tenants with a variety of storage solutions ranging in size from 5 x 10 to 25 x 30.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crescent City Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

Commercial

APN/PARCEL ID

116-160-007-000

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.