Saturday, January 24, 2009
Self Storage for Sale in Redding, CA Area
For a photo album and additional detailed information, including 2005 and 2006 financial data, please contact Ron Largent at 530-248-5601 or e-mail to: ronlargent@kw.com
76 Station-Commercial Real Estate in Palo Cedro
Posted January 24, 2009 at 18:46 PM
ronlargent
Kay Bee 76 Gas Station and Market
Location: Palo Cedro, CA, 165 miles north of SacramentoLocated just off of Highway 44 on Deschutes Road
Offered at: $1,350,000
The KayBee 76 Station and Market is a very successful, well established, business involved in retail market sales and a gas station, and does include the real estate of approximately 19, 500 sq ft. The Market, which was built in 1990 and has been very well managed and maintained, has 2300 sq ft. There are 6 pumps, dispensing 3 grades of gasoline and one pump dispensing diesel fuel. There are 1100 sq ft of covered pump area. The Market has a current liquor, beer and wine license. The location for this business is superb, at what is considered to be one of the most highly traveled roads in the area, Highway 44 as it enters and exits the Palo Cedro area from both east and west. Access, both in and out, to the business is direct from Deschutes Road, a main connector from I 5 and Highway 299, and the Highway 44 intersection, with visibility from both east and westbound Highway 44. Immediately adjacent to the business is a strip center and restaurant, with other retail and officers nearby, and a short distance to Junction School; the business is within 15 minutes of downtown Redding and 10 minutes from the Mt. Shasta Mall..
The business is very lucrative, with gross sales of $ 2,940,000/ year
www.ronlargent.com ronlargent@kw.com
76 Station-Commercial Real Estate in Palo Cedro
Posted January 24, 2009 at 18:46 PM
ronlargent
Kay Bee 76 Gas Station and Market
Location: Palo Cedro, CA, 165 miles north of SacramentoLocated just off of Highway 44 on Deschutes Road
Offered at: $1,350,000
The KayBee 76 Station and Market is a very successful, well established, business involved in retail market sales and a gas station, and does include the real estate of approximately 19, 500 sq ft. The Market, which was built in 1990 and has been very well managed and maintained, has 2300 sq ft. There are 6 pumps, dispensing 3 grades of gasoline and one pump dispensing diesel fuel. There are 1100 sq ft of covered pump area. The Market has a current liquor, beer and wine license. The location for this business is superb, at what is considered to be one of the most highly traveled roads in the area, Highway 44 as it enters and exits the Palo Cedro area from both east and west. Access, both in and out, to the business is direct from Deschutes Road, a main connector from I 5 and Highway 299, and the Highway 44 intersection, with visibility from both east and westbound Highway 44. Immediately adjacent to the business is a strip center and restaurant, with other retail and officers nearby, and a short distance to Junction School; the business is within 15 minutes of downtown Redding and 10 minutes from the Mt. Shasta Mall..
The business is very lucrative, with gross sales of $ 2,940,000/ year
www.ronlargent.com ronlargent@kw.com
Friday, January 23, 2009
Hotels-Motels for sale in Northern California
Hotels and Motels for Sale in the North State
There are many hotels-motels in the North State, and Redding is one of the best locations along I5. Here is a good value in good condition in a good location.
Property Description:
The America' s Best Value Inn has 69 units. The hotel was built approximately 1970 on an approximate 1.75-acre city lot. It is a 3-story quality wood frame building with stucco/wood exterior and a recent metal roof. Hotel received many upgrades in 2004 and 2005. Hotel converted to America' s Best Value Inn May 2005.
Location Description:
The hotel is in Shasta County, Redding, California, is located at the north end of the central valley, just a short two-hour drive
north of Sacramento on I-5. The Sundial Bridge at Turtle Bay is a beautiful, unique pedestrian bridge that crosses the Sacramento River and connects the Nationally-designated trail system in Redding, California, with the Turtle Bay Exploration Park and McConnell Arboretum.
Redding (pop. 104,295) is the county seat of Shasta County located on the Sacramento River and on Interstate 5 south of Shasta Lake. It is the state's largest city north of Sacramento, as well as the northernmost designated metropolitan area and city with over 100,000 people in California. It is the largest city in the Sacramento Valley.
e-mail for details: ronlargent@kw.com www.ronlargent.com
www.norcalmotelsforsale.com or call: Manjit Kaur at 530-339-5354
Saturday, January 17, 2009
12 unit apartment-bank owned-$499,900- Such a Deal!
Location Description:
East Street is just east of Pine Street, the main north south main street in downtown Redding. Located near South Street, tenants can walk to shopping, banks, etc.Redding is 165 miles north of Sacramento on I5. Fully occupied 12 unit complex with many long term tenants and a great rental history. Property consists of 5 1 bedroom 1 bath units and 7 studios. Close to all kinds of good shopping in downtown Redding. An ideal investment with rents at $500 for the 1 BR and $350 for the Studio. This is one of many that we have in the Redding area, so e-mail for details, financials, photos, etc.Gross incomes of $61,200 annually.
Location Description:
East Street is just east of Pine Street, the main north south main street in downtown Redding. Located near South Street, tenants can walk to shopping, banks, etc.Redding is 165 miles north of Sacramento on I5.
www.ronlargent.com ronlargent@kw.com
Friday, January 9, 2009
Turtle Bay Shell for Sale in Redding, CA 2008 Numbers
Location: Redding, CA, 165 miles north of SacramentoLocated on Interstate 5
Offered at: $950,000
The Turtle Bay Shell and Market is a very successful, well established, business involved in retail market sales and a gas station, but does not include the real estate of approximately 2900 sq ft. The Market, which was built in 1995 and has been very well managed and maintained, has 2000 sq ft. There are 6 pumps, dispensing 3 grades of gasoline and one pump dispensing diesel fuel. There are 2000 sq ft of covered pump area. The Market has a current liquor, beer and wine license. The location for this business is superb, at what is considered to be one of the most highly traveled roads in the area, Highway 44 as it enters and exits the Redding area from I5. Access, both in and out, to the business is direct from Park Marina Drive and the Highway 44 and Auditorium Drive intersection, with visibility from both east and westbound Highway 44. Immediately adjacent to the business is a hotel and restaurant; office buildings are across the street and in the nearby area; the business is within 5 minutes of Shasta Regional Hospital and the large Shasta County Services office complex, as well as the retail Cypress Square. The business is across Highway 44 from the Turtle Bay Exploration Park and the world famous Sundial Bridge. The business had 2008 gross sales of $ 2,044,817/ 11 mos. as follows: Inside sales (approx) $ 73,000 /month (avg)Fuel sales, 45,000 gallons/month (avg)Miscellaneous income not included above, etc. $ 1,000/month (avg) Details of the business:Built in 1995Approximate average value of inventory $50,000 plus gas ($30,000)Employees: 1 full time; 1part timeBusiness Operating hours: 6 AM to 11 PM dailyReason for Selling: Moving out of the area Financial Details: Monthly Gross Income(11 months of 2008)Gross Inside Sales avg $ 73,000 @ 28% margin= $ 20,002 /monthFuel Sales 45,000 gallons/month @ .18 cents/month = $ 8,100/ monthOther Miscellaneous Income $1,000 /mo. (ATM, o/s Phone, Air/water, Money Orders)Projected Gross Income (avg-11 mos) per month: $ 28,102 Monthly Expenses (partial): Employee Salaries: $ 2,500Electric and Gas charges (utilities) $ 2,000Trash Disposal $ n/aWater $ 25Property-Business Insurance $ 400Workers Comp $ 100Insurance $ 350Depreciation,Interest,CC Fees, etcTotal Expenses/month $17,445 Net Income $10,657
Saturday, January 3, 2009
Mobile Home Parks-Commercial Property for Sale in Redding, CA
Prices are determined by the factors listed above, as well as by the space rents from each unit. For the most part, Parks in the north state are primarily individually owned mobiles that pay the Park for the space rental, which may or may not include water, sewer, and trash collection. Most Parks have the individual tenant pay for the electricity that the individual uses, even though the actual meter may be read by the owner and then charged back to the tenant on a monthly basis.
The majority of Parks in cities are on sewer, with the Parks in rural areas on septic systems. It is important that these systems be inspected on a regular basis as both septic and water inspection and approval is required at the County level. Each county may have slightly different requirements in this regard, as may the cities. In some instances, such as in Paradise, there is not a public sewer system for many Parks. Buyers should be sensitive to Parks in the more remote rural areas, as the various services are often old and out-dated, and can be very costly to repair, if they can be repaired.To get a complete current list of Mobile Home Parks in the North State, simply fill out the contact form below.
North Redding Mobile Home Park
The park is 100% rented as of March 1st, 2008 and the rent increases have gone into effect as of Jan 1, 2008 (See updated 2008 Rent Rolls).
Existing Note is a 30 year term 10 year fixed 6.735% Payment $4,857 with a 1% assumption fee.
33 Units, City water and power individually metered, 5 minutes from Shasta Lake.
Sale price is $1,200,000. .
The folllowing listing is one of the cooperative listings available through our local MLS:
MOBILE HOME PARK ON THE SACRAMENTO RIVER.PARK IS ON 4.79 ACRES WITH 408 FT. OF RIVER FRONTAGE, PARK CONSISTS OF A 1600 SQ. FT. HOME OVERLOOKING THE RIVER AND 31 SPACES.ALSO INCLUDES SMALL SHOP AND LAUNDRY FACILITIES FOR RESIDENTS.BUYER TO VERIFY SQUARE FOOTAGE OF HOUSE.PARK IS ON WELL AND SEPTIC
Mobile Home Parks range in value from $350,000 up into the millions, depending on the size, the number of rented spaces, the occupancy, the location, and amenities, such as a community or recreation room and a pool, and the overall condition of the Park. In Northern California we have a nice variety of parks, from parks located in the major cities, such as Redding, Red Bluff, Chico, and Paradise, that range in size from small family operated parks of 20-25 spaces up to luxury senior parks with over 200 spaces.
Prices are determined by the factors listed above, as well as by the space rents from each unit. For the most part, Parks in the north state are primarily individually owned mobiles that pay the Park for the space rental, which may or may not include water, sewer, and trash collection. Most Parks have the individual tenant pay for the electricity that the individual uses, even though the actual meter may be read by the owner and then charged back to the tenant on a monthly basis.
The majority of Parks in cities are on sewer, with the Parks in rural areas on septic systems. It is important that these systems be inspected on a regular basis as both septic and water inspection and approval is required at the County level. Each county may have slightly different requirements in this regard, as may the cities. In some instances, such as in Paradise, there is not a public sewer system for many Parks. Buyers should be sensitive to Parks in the more remote rural areas, as the various services are often old and out-dated, and can be very costly to repair, if they can be repaired.To get a complete current list of Mobile Home Parks in the North State, simply fill out the contact form below.
North Redding Mobile Home Park
The park is 100% rented as of March 1st, 2008 and the rent increases have gone into effect as of Jan 1, 2008 (See updated 2008 Rent Rolls).
Existing Note is a 30 year term 10 year fixed 6.735% Payment $4,857 with a 1% assumption fee.
33 Units, City water and power individually metered, 5 minutes from Shasta Lake.
Sale price is $1,200,000. .
The folllowing listing is one of the cooperative listings available through our local MLS:
MOBILE HOME PARK ON THE SACRAMENTO RIVER.PARK IS ON 4.79 ACRES WITH 408 FT. OF RIVER FRONTAGE, PARK CONSISTS OF A 1600 SQ. FT. HOME OVERLOOKING THE RIVER AND 31 SPACES.ALSO INCLUDES SMALL SHOP AND LAUNDRY FACILITIES FOR RESIDENTS.BUYER TO VERIFY SQUARE FOOTAGE OF HOUSE.PARK IS ON WELL AND SEPTIC
Friday, January 2, 2009
Shell Station for Sale in Redding, CA
9 months numbers just in, and they are impressive. If you want a money maker, this is it, and listed at $950,000.
This Shell Station and Food Mart is really a very profitable business, both inside and at the pumps. This is due to good management, good hours of operation, and a great location. The Shell gas gets a lot of action, and being close to downtown and the only Shell in the immediate area, it is very convenient. And, travelers coming off on I 5 into downtown Redding see this as the first station.
Inside, the inventory is huge, and the product line is very diverse, thus getting great sales activity. The varied product line makes this a small market, with products from auto oil to laundry soaps and toothpaste. The owner operator is an incredible marketer, with products placed with maximum exposure.The purchase price includes the building, the pumps and all associated equipment and fixtures, and the lease is for the ground only, so this purchase can pay for itself in a little over 2 years by continuing the current operation. It's impressive.If you are looking for a fast turn around on your investment, and still make a huge monthly income while your equity is building, this may be just what you want.
This is an excellent investment if you want high profits. Beer, wine, and liquor license in the best location in downtown Redding. High volume gas along with excellent inside sales. Offered at $950,000, with terms, so submit all offers.
e-mail for details, photos, financials, etc ronlargent@kw.com
www.ronlargent.com
Shell Station for Sale in Redding, CA
9 months numbers just in, and they are impressive. If you want a money maker, this is it, and listed at $950,000.
This Shell Station and Food Mart is really a very profitable business, both inside and at the pumps. This is due to good management, good hours of operation, and a great location. The Shell gas gets a lot of action, and being close to downtown and the only Shell in the immediate area, it is very convenient. And, travelers coming off on I 5 into downtown Redding see this as the first station.
Inside, the inventory is huge, and the product line is very diverse, thus getting great sales activity. The varied product line makes this a small market, with products from auto oil to laundry soaps and toothpaste. The owner operator is an incredible marketer, with products placed with maximum exposure.The purchase price includes the building, the pumps and all associated equipment and fixtures, and the lease is for the ground only, so this purchase can pay for itself in a little over 2 years by continuing the current operation. It's impressive.If you are looking for a fast turn around on your investment, and still make a huge monthly income while your equity is building, this may be just what you want.
This is an excellent investment if you want high profits. Beer, wine, and liquor license in the best location in downtown Redding. High volume gas along with excellent inside sales. Offered at $950,000, with terms, so submit all offers.
e-mail for details, photos, financials, etc ronlargent@kw.com
www.ronlargent.com
Convenience Stores in Redding-Northern California For Sale
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000. Convenience Stores with or without Gas Stations have become the alternate market of choice for many shoppers that do not want to patronize the “big box” stores for their quick grocery needs. Most of the Convenience – Mini Mart stores in Northern California also have gas, some with “branded” names such as Shell, Valero, 76, and Chevron, and others non-branded, such as the popular Gas For Less stores.
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000.
Convenience Stores in Redding-Northern California For Sale
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000. Convenience Stores with or without Gas Stations have become the alternate market of choice for many shoppers that do not want to patronize the “big box” stores for their quick grocery needs. Most of the Convenience – Mini Mart stores in Northern California also have gas, some with “branded” names such as Shell, Valero, 76, and Chevron, and others non-branded, such as the popular Gas For Less stores.
The value of Convenience Stores is based on both the “Inside Sales”, and the volume of gallons of gas and diesel sold. In addition, if the real estate is owned, versus leased, the value goes up considerably. For the most part, the fuel (gas and diesel) is provided by one of the fine local oil companies, such as Redding Oil, SST, TBS, and Cross Petroleum. Depending on the brand, and the contract, the suppliers will provide fuel and support services for pump and technical maintenance. Most of the stores have a beer and wine license, and some have a full liquor license, which can significantly effect their inside sales.
Profits at Convenience Stores are closely tied in with fixed expenses, such as wages and routine expenses, and with the margins above the cost of product. Common inside sales margins are between 25% and 40%, and gas sales will have a margin between .10 cents and .25 cents, again depending on the area, the location, and the brand. Traditional hours of operation will vary between 16 and 24 hours a day.
Prices of Convenience Stores will vary based on the above, but a store without real estate but with gas would be priced in the $300,000 range, and will go up to $3,000,000.
