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Fully Stabilized Self Storage Business for Sale

Gold Beach, OR
Hunter Creek Site
Hunter Creek Site
Asking Price:$1,650,000
Gross Revenue:$170,162
Real Estate:$750,000
Cash Flow:$133,396
FF&E:$15,000
Established Year:2020
Listing ID: 2262216Listing provided by BizBuySell
BUSINESS DESCRIPTION

Unique Opportunity to Own a Thriving Self Storage Business

** Now Accepting offers on One or Both**
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, Fully Executed Extension with current 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

ATTACHED DOCUMENTS
South Coast Storage Offering.pdf.pdf Download
DETAILED INFORMATION
Location
Gold Beach, OR
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property Overview The self-storage facility on Hunter Creek Road features security cameras for enhanced monitoring, all of which are included in the sale. Additionally, all buildings, company intellectual property, and contracts will be part of the transaction. The site on Moore Street is currently leased by the Port of Gold Beach and can be transferred to the buyer on a long-term lease basis. All assets on this property are owned by South Coast Storage and are included in the sale.
Competition
The local community has fully leased all nearby self-storage facilities, with many operating waitlists due to high demand. The availability of commercially zoned property in the area is extremely limited, resulting in minimal market resistance. This creates a unique opportunity for growth and expansion in the self-storage sector.
Growth & Expansion
Upon termination of the long-term lease on Moore Street, the lot could be converted to RV and boat storage or the building could be modified to accommodate multiple tenants, potentially generating higher revenue than the current tenant's contract. The current lessor has two 3-year options to extend. The first of which is set to expire in March 2025
Support & Training
Transition training and support can be arranged after close of escrow
BUSINESS LOCATION
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Joshua Stout
Phone Number
Joshua Stout
Call Phone