Northmarq’s Self Storage Team is pleased to present a rare investment opportunity: the acquisition of Capell Valley Boat & RV Storage, a premier facility strategically positioned near Lake Berryessa in Napa County. Ideally situated along the primary route from both Sacramento and the San Francisco Bay Area, the property is located just ten minutes from Lake Berryessa—an established recreational destination attracting approximately 1.5 million visitors annually. Encompassing over 17 acres, the facility comprises 162 units across 51,020 net rentable square feet, offering a highly desirable mix of covered 12x25 and 12x40 units, as well as fully enclosed 10x30 and 10x32 units. Additionally, a 1,700-square-foot, 3-bedroom, 2.5-bath house onsite is leased to a tenant unaffiliated with the storage operations, providing supplemental income. Meanwhile, a permitted 940-square-foot, 1-bedroom, 1-bath attached apartment is being held vacant. Despite a recent across-the-board rental increase exceeding 15%, the facility remains fully occupied with a substantial waitlist, indicating additional upside on rental rates. Recent capital improvements include a modernized lighting system and the installation of a security camera system, enhancing both functionality and tenant safety. The facility serves a financially stable tenant base, primarily drawn from Napa County and the broader Bay Area. Napa’s Metropolitan Statistical Area (MSA) is home to approximately 132,727 residents and boasts a median household income of $108,970. Zoning constraints in Napa County have resulted in a limited supply of Boat and RV storage options, bolstering long-term demand. Notably, county officials have indicated that expansion of the current use may be permitted through a use permit process, offering a new owner the potential to capitalize on unmet demand within this supply-constrained submarket. FOR MORE INFORMATION, PLEASE REACH OUT TO THE BROKER: Marcus de la Pena C 925.817.9611 E mdelapena@northmarq.com CA LIC #02108641 OR LIC #201250055 NV LIC #S.0202104