Contact Property

SELF STORAGE BUILDING FOR SALE - Availability Details

60 Grand Avenue, Oroville, CA 95965

  • For Sale $4,500,000
  • Property Type Industrial - Warehouse/Distribution
  • Building Class C
  • Date Updated Sep 16, 2021
This asset represents a high quality, well maintained self-storage facility in the Oroville, California market. This facility offers 54,261 net rentable square feet of storage units in 391 units, plus 7 outdoor parking spaces and one 361 SF commercial space. The facility was built in 2000 and is currently at 96.4% occupied. This asset is being offered free and clear of any existing debt allowing the investor/buyer to acquire the property utilizing their own preferred debt/equity deal structure.

Sale Note
Based on a projected 2022 net operating income of $223,538 the current value of this facility ranges between $4.5 – 5.0 million. Asking price of $4,500,000 represents a CAP rate of 5.0% on projected 2022 NOI. Rents are on average approximately 90% of published street rents for the market.
read more read less

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Location

  • City Oroville, CA
  • Neighborhood Table Mountain
  • Zip Code 95965

Contacts

broker

Tom de Jong

Contact Listing Broker

broker

Tom de Jong

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.