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5020 Adobe Rd
Twentynine Palms, CA 92277
AA Bunker Storage & Development · Specialty Property For Sale · 26,540 SF
PROPERTY FACTS
Property Type | Specialty | Building Size | 26,540 SF |
Property Subtype | Self-Storage | No. Stories | 1 |
Building Class | B | Year Built | 1984 |
Lot Size | 4.70 AC | Clear Ceiling Height | 18 ft |
Property Type | Specialty |
Property Subtype | Self-Storage |
Building Class | B |
Lot Size | 4.70 AC |
Building Size | 26,540 SF |
No. Stories | 1 |
Year Built | 1984 |
Clear Ceiling Height | 18 ft |
About 5020 Adobe Rd , Twentynine Palms, CA 92277
John 14:6 "Jesus said to him, I am the Way, the Truth, and the Life. No one comes to the Father except through Me." Calvary Realty is pleased to present AA Bunker Storage for sale at a price of $1.7M. The property consists of 26,540 sq. ft. of self storage divided into 248 units and 10,520 sq. ft. of RV storage divided into 50 units. AA Bunker Storage was constructed in 1984 and sits on 4.74 acres of land. There's roughly 2 acres of undeveloped land that can be used for a 25K - 30K sq. ft. storage expansion! Property has witnessed a 25% increase in occupancy and income over 2016. Revenue for 2016 was $162K and will be above $200K in 2017. You won't find many deals in Southern California at an 8% cap rate with upside! FULL MARKETING PACKAGE AND FINANCIALS CAN BE OBTAINED BELOW. Twentynine Palms is located in San Bernardino County just north of Palm Springs. The city is home to the largest Marine Corps Combat Center in the Nation. With the President's plan to increase the military, the area is witnessing an increased amount of growth and activity as it's heavily military focused. The area is also home to Tortoise Rock Casino, Joshua Tree National Park, and several outdoor recreational activities that draw 2.4 million annual visitors. FULL MARKETING PACKAGE AND FINANCIALS CAN BE OBTAINED BELOW.
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PROPERTY TAXES
Parcel Number | 0621-051-03 | Improvements Assessment | $2,261,673 |
Land Assessment | $174,643 | Total Assessment | $2,436,316 |
PROPERTY TAXES
Listing ID: 8360206
Date on Market: 2017-07-27
Last Updated:
Address: 5020 Adobe Rd, Twentynine Palms, CA 92277