Located in St John’s this property is well situated as a gated storage lot. The 1.3-acre parcel is securely tucked away between The Port of Portland and Union Pacific Railroad. Currently operating at a 7.4% cap rate, Key Storage has been an established, cash-flowing business since 2006, with many long-term tenants and occupancy of 95%. There is significant opportunity to increase rents as many of the spaces are currently renting below market rates. All leases are month-month, and as spaces have become available, they have easily leased up at market rates. This property includes a 2br 1ba single family house that could be used as a manager’s residence or separate rental property. Contact Matt Warren at 971.500.9781 for additional details on the property.