7965 State Highway 99W - Self-Storage Facilities FOR SALE


Gerber, CA 96035
$1,499,999 USD
916-792-6330
7965 State Highway 99W, Gerber, CA for Sale
$1,499,999 USD
Self-Storage Facilities - FOR SALE
1/35
null | 8.05% Cap Rate

NEW


7965 State Highway 99W
Gerber, CA 96035


HIGHLIGHTS

  • Long term tenants
  • Renovated Property
  • Growth Opportunities

OVERVIEW

We are pleased to present 7965 State Highway 99W, this self-storage investment opportunity in Northern CA between the greater Chico and Red Bluff metro area. U Lok Mini Storage enjoys a prime location close to Highway 5 and facing Old Highway 99W and offers exclusively drive-up units. This business has been established since the 1980s with a history of high occupancy and 4.8-star Google review. U-Haul rental sales have grown 5 times in our 2nd year of operation. This will be a great passive income property for multiple types of investors, whether it is retirees by living onsite and collecting stable monthly income streams or multifamily investors hybrid into a mature self-storage investment.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$79 USD /SF

CAP RATE

8.05%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.47 AC

LAND SF

194,713 SF

ZONING

C1

APN/PARCEL ID

063-160-008-000

ASK ABOUT THIS PROPERTY

Christopher BringgoldKeith Caldwell Real EstateMore Info
916-792-6330

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Christopher BringgoldKeith Caldwell Real EstateMore Info
916-792-6330

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