497 SE H St - Self-Storage Facilities FOR SALE


Grants Pass, OR 97526
$1,685,000 USD
503-279-1743
497 SE H St, Grants Pass, OR for Sale
$1,685,000 USD
Self-Storage Facilities - FOR SALE
1/36
null | 7.01% Cap Rate

497 SE H St
Grants Pass, OR 97526


HIGHLIGHTS

  • Significant Price Reduction: Now $1,685,000!
  • Income Stability - approximately 92% occupied
  • Excellent Condition - significant recent property upgrades, including all new roofs in 2022
  • Central Location – easy access for residents and commercial tenants alike
  • Turnkey Operations – dynamic web site and maintenance staff in place for easy turnover to new owner and optimized for remote management
  • Nearby Airport – direct flights from 8 major west coast cities

OVERVIEW

Storwell Storage is a centrally located self-storage asset totaling 104 units and 13,658 net rentable square feet. The facility offers both drive up and interior units and is approximately 92% occupied. Significant recent capital improvements include new paint, new roll-up doors, LED lighting upgrade, new key pad access controls, security cameras, re-skinning of the hallways and upgraded fencing. The Property is in turn-key condition for a new owner including a dynamic web site to handle unit rental and on-call maintenance staff. Grants Pass is located on I-5 in Southern Oregon. The Property is located on the edge of a residential neighborhood blocks from downtown Grants Pass offering convenient access to commercial and residential tenants alike.

FOR SALE DETAILS

PRICE

$1,685,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

GC

APN/PARCEL ID

R310690

ASK ABOUT THIS PROPERTY

Jim LewisCushman & Wakefield of Oregon, Inc.More Info
503-279-1743

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Jim LewisCushman & Wakefield of Oregon, Inc.More Info
503-279-1743

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