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Storage Facility For Sale By Owner
A. Street Storage & Retail - Ventura County, CA
455 A Street, Fillmore, California 93015 United States
Description
A Street Storage & Retail is a 57,000 rentable square foot Self Storage, RV Storage, & Retail Center in the highly desirable area of Ventura County. The property was converted in 2001 and is currently 91% occupied. A Street Storage & Retail is located across the street from the local High School, Middle School, Elementary School, School District, & Fire Station. The property produces a significant amount of drive by traffic and ownership does little to advertise.
The property is priced below replacement cost and comes equipped with an on-site office, managers residence, security cameras, sitelink software, metal roll up doors, loading docks, paved parking, and extra land for future development.
FULL MARKETING PACKAGE AVAILABLE | Brandon@ParkViewCRE.com
Financial: 2015
Gross Income: $505,908
Effective Gross Income: $366,304
Operating Expenses: $131,515
Net Operating Income: $234,789
Pre-Tax Cash Flow: $51,365
Loan Amount: $2,750,000
Interest Rate: 4.5 %
Amortized: 25 Years
Due In: 25 Years
Down Payment: Call for price
Price: | $3,250,000 |
Property Sub-Type: | Storage Facility |
Total Lot Size : | 3.27 Acres |
occupancy: | 91 |
Cap Rate: | 7.22 % |
Listing ID: | 3814 |
Map of: 455 A Street, Fillmore, California 93015 United States