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Home For Sale California Bakersfield 3824
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Storage Facility For Sale By Owner

USA Maxi Storage | Class A Storage Facility




3023 Unicorn Road, Bakersfield, California 93308 United States
Description

USA MAXI is a 137,250 Sq. Ft. Large Unit Storage facility in Bakersfield, CA. The property was constructed in 2005 and consist of 119,700 enclosed sq. ft. and 17,550 outdoor sq. ft. The Property is visible from Highway 99 and has a traffic count above 60,000 vehicles per day! The smallest unit size is 15x20; However, the manager receives weekly inquiries for smaller spaces that are referred to neighboring facilities. New owner has the lucrative opportunity to convert vacant units into smaller spaces and increase income.

The property is being offered at a very low price per square foot and comes equipped with an on-site office, managers residence, security cameras, QuikStor software, metal roll up doors, RV dump station, compressed air, filtered water, and concrete paved driveways.

Lowest price per square foot you will find for Class A Storage in California.

MARKETING PACKAGE AVAILABLE UPON REQUEST | Brandon@ParkViewCRE.com

Location Description: Bakersfield is the county seat of Kern County which borders northern Los Angeles County. The city has a population of 363,000 residents making it the 9th largest city in California and 52nd largest city in the United States. The city was founded in 1860 by pioneers mining for gold along the Kern River. Bakersfield is a business friendly city with the lowest sales tax of any major city in California at 7.25%. The City contains two colleges, California State Bakersfield and Bakersfield College. Bakersfield is also home to several minor league professional sports teams such as the Blaze (Baseball), Jam (Basketball), and Condors (Hockey). The city has a variety of venues to host sporting events such as Rabobank Arena, Jams Events Center, Sam Lynn Ballpark, McMurtey Aquatic Center, Famoso Raceway, Bakersfield Speedway, Buttonwillow Raceway, and Kern County Soccer Park (largest soccer facility in California). Bakersfield has a diverse economy with industries ranging from oil, agriculture, natural gas extraction, aerospace, mining, petroleum refining, manufacturing, distribution, and food processing. Bakersfield is the most productive oil producing region in the United States accounting for 10% of the country's gross domestic production. The area is also the 4th most productive agricultural area in the United States.

Business included in Sale? Yes

Income/Expense Info: Actual

Financial: 2015

Gross Income: $723,168

Effective Gross Income: $447,533

Operating Expenses: $141,368

Net Operating Income: $306,164

Pre-Tax Cash Flow: $51,037

Debt Information: Proposed

Loan Amount: $3,825,000

Interest Rate: 4.5 %

Amortized: 25 Years

Due In: 25 Years

Down Payment: Call for price

Price: $4,625,000
Property Sub-Type: Storage Facility
Total Building Size: 119700 SF
Total Lot Size : 6.36 Acres
occupancy: 80
Cap Rate: 6.55% %
Utilities: Electricity/Power is available
Utilities: Fenced Yard
Utilities: Sprinklers
Utilities: Trailer Parking
Listing ID: 3824
Attachments

Map of: 3023 Unicorn Road, Bakersfield, California 93308 United States

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