Property Details
About this Property
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 Listing Information
MLS #
ME224099399
MLS Source
MetroList Services, Inc.
Days on Site
77
Commercial Information
# Buildings / # Units
6
Loading Facility
DoorDriveIn
Parking Spaces
0
Present Use
Mixed, Other
Interior Features
Flooring
Concrete, Other, Vinyl
Cooling
Other
Heating
Heat Pump
Exterior Features
Roof
Composition
Parking, School, and Other Information
Sewer
Septic Tank
Water
Well
Zoning
General Commercial
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
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.
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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
