Monday, March 23, 2009

Commercial Real Estate-Self Storage for Sale

Self Storage for Sale -- Fire Sale Price

Posted March 23, 2009 at 22:37 PM

ronlargent

This is a sale that has to happen...owner is out of country and said..."drop the price and sell it".

This is a good commercial property....and can be a great investment. Consider it. $650,000!

Property Description:
This 171 unit makes money. Great mix of unit sizes, along with two houses, one of which could be the owners chalet viewing Mt. Shasta. Mgr's office has small apartment attached. Six buildings, auto -RV parking areas, security gate, intercom and alarm systems. Lots of upside on this opportunity, and priced to sell, 2006 NOI of $121k could be increased with prof. mgmt. Both good condition houses could be year around or vacation rentals. Property has excellent financial history with a 2004 NOI of $134k. Facility also rented U-Hauls, which may be added now. This is a "sleeper" with lots of creative income possibilities. Photo album and financials available with listing ageent.

Location Description:
This is located between Mt. Shasta City and Weed in far Northern California, just south of the Oregon border on Interstate 5. The facility, with the 2 homes, are at the foot of Mt. Shasta, with majestic views of the Mountain. Mt. Shasta is 220 miles north of Sacramento on I5. Located on Truck Village Drive, the facility is ideally placed for maximum exposure to I5 and to the area.

www.ronlargent.com ronlargent@kw.com

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