7965 State Highway 99W
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7965 State Highway 99W
18,912 SF Speciality Building Offered at £1,330,165 at a 4.74% Net Initial Yield in Gerber, CA 96035
Investment Highlights
- Prime location close to Highway 5 and facing Old Highway 99W
Executive Summary
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. 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.
Data Room Click Here to Access
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£108,592
|
£5.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£108,592
|
£5.74
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£45,524
|
£2.41
|
| Net Operating Income |
£63,069
|
£3.33
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £108,592 |
| Annual Per SF | £5.74 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £108,592 |
| Annual Per SF | £5.74 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £45,524 |
| Annual Per SF | £2.41 |
| Net Operating Income | |
|---|---|
| Annual | £63,069 |
| Annual Per SF | £3.33 |
Property Facts
| Price | £1,330,165 | Property Subtype | Self-Storage |
| Price Per SF | £70 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 4.47 AC |
| Net Initial Yield | 4.74% | Building Size | 18,912 SF |
| Sale Conditions | 1031 Exchange | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1985 |
| Price | £1,330,165 |
| Price Per SF | £70 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 4.74% |
| Sale Conditions | 1031 Exchange |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 4.47 AC |
| Building Size | 18,912 SF |
| Number of Floors | 1 |
| Year Built | 1985 |
Amenities
- Property Manager on Site
zoning
| Zoning Code | C1 (General Commercial) |
| C1 (General Commercial) |
1 of 36
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Keith Caldwell Real Estate
7965 State Highway 99W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.