This self-storage investment opportunity in Northern CA between the greater Chico and Red Bluff metro area. U-Lok Mini Storage enjoys a prime location close to Highway 5 and facing Old Highway 99W and offers exclusively drive-up units. This business has been established since the 1980s with a history of high occupancy and 4.6-star Google review. U-Haul rental sales have grown 5 times in our 2nd year of operation. It has 18,538 net rentable square feet with total 124 storage units, 8 outdoor RV 15x40 parking spaces (expandable), and 3 acres of additional land for expansion. A fully renovated 2 story apartment consists of one 2 bed 2 bath unit and one 1 bed 1 bath manager's unit both are rented. With the potential to apply for the 2-car garage conversion to create another 1 bed 1 bath unit. U-Haul Authorized Dealer business with trucks rental and moving supply sales. Free from flood and fire zones with very affordable commercial property and casualty insurance cost. This will be a great passive income property for multiple types of investors, whether it is retirees by living onsite and collecting stable monthly income streams or multifamily investors hybrid into a mature self-storage investment.
MLS #
ME224099399
MLS Source
MetroList Services, Inc.
Days on Site
80
# Buildings / # Units
6
Loading Facility
DoorDriveIn
Parking Spaces
0
Present Use
Mixed, Other
Flooring
Concrete, Other, Vinyl
Cooling
Other
Heating
Heat Pump
Roof
Composition
Sewer
Septic Tank
Water
Well
Zoning
General Commercial
# Buildings | # Leased Units | # Total Units |
---|---|---|
6 | – | – |
7965 State Highway 99w is a Commercial Sale in Gerber, CA 96035. This 18,912 square foot property sits on a 4.47 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,700,000 and was built in –.
This address can also be written as 7965 State Highway 99w, Gerber, CA 96035.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of September 06, 2024. For the most current information, please contact Christopher Bringgold, (916) 792-6330