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28196 Hunter Creek rd - South Coast Storage LLC
43,000 SF Specialty Building Offered at $2,338,825 CAD at a 8.08% Cap Rate in Gold Beach, OR 97444
Investment Highlights
- NEW CONSTRUCTION
- LONG TERM TENANTS WITH WAITLIST
- STABALIZED
Executive Summary
Unique Opportunity to Own a Thriving Self Storage Business
We are excited to present a rare opportunity to acquire a fully stabilized self-storage business, encompassing two prime locations with strong revenue potential.
Included in the Sale:
1. Self Storage Facility:
Constructed 2020 by Mako Steel
Location: 28196 Hunter Creek Rd Gold Beach, OR 97444
Units: 77-unit self-storage site in max configuration / Currently adjusted to 63 Units
The interior dividers can be moved to accommodate 5x10, 10x10, 10x15 and 10x20. Building C are all 12x30 units.
Structures: 3 well-maintained buildings
Occupancy Rate: Consistently high, ensuring reliable income
Services: Excellent customer service , low occupancy and located next door to State Police office.
$1.55M
2. Commercial Warehouse Property:
Constructed 2022
Location: 94135 Moore St Gold Beach, OR 97444
Lot Size: 42,500 sq ft
Warehouse Dimensions: 60x110 ft
Lease Details: Currently leased to a large commercial company on a long-term basis
Lease Term: We are in the first 3-year term, JUST RENEWED LEASE WITH LESSEE. Now expires April 2027
$400k
Investment Highlights:
Stable Cash Flow: Both properties generate consistent revenue, with the self-storage facility achieving high occupancy rates and the warehouse under a secure long-term lease.
Strategic Locations: Both sites are strategically located to serve the local community and nearby commercial clients, ensuring ongoing demand for services.
Fully Operational: The business is fully operational with established processes, website, a wait list and customer relationships in place, allowing for a smooth transition for new ownership.
Asking Price:
$1,800,000 for Both. Serious inquiries only.
Don’t Miss This Chance!
This unique business offering combines stability and growth potential in the booming self-storage market. Whether you're an experienced investor or looking to enter the real estate arena, this opportunity is not to be overlooked.
The seller and owner of this advertisement is a licensed Principal Broker in the State of Oregon
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
About 28196 Hunter Creek rd , Gold Beach, OR 97444
1. Self Storage Facility: Constructed 2020 Location: 28196 Hunter Creek Rd Gold Beach, OR 97444 Units: 77-unit self-storage site in max configuration / Currently adjusted to 63 Units The interior dividers can be moved to accommodate 5x10, 10x10, 10x15 and 10x20. Building C are all 12x30 units. Structures: 3 well-maintained buildings built in 2020/2021 Occupancy Rate: Consistently high, ensuring reliable income Services: Excellent customer service and online booking capabilities 2. Commercial Warehouse Property: Constructed 2022 Location: 29891 Harbor Way Gold Beach, OR 97444 is the leased property description with the Port of Gold Beach. 94135 Moore St Gold Beach, OR 97444 is the property description for tax purposes Lot Size: 42,500 sq ft Warehouse Dimensions: 60x110 ft Lease Details: Currently leased to a large commercial company on a long-term basis Lease Term: We are in the first 3-year term, with 2 additional options to extend, providing stability and predictable income. Land is leased on the Moore Street location by the Port Of Gold Beach. Building and all Improvements owned by South Coast Storage.
PROPERTY TAXES
| Parcel Number | R26024 | Improvements Assessment | $503,202 CAD |
| Land Assessment | $218,290 CAD | Total Assessment | $721,492 CAD |
PROPERTY TAXES
zoning
| Zoning Code | I (Hunter Creek location / self-storage units are locates zoned light Industrial) |
| I (Hunter Creek location / self-storage units are locates zoned light Industrial) |
Presented by
Freedom Realty
28196 Hunter Creek rd - South Coast Storage LLC
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