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142 4th St

10,560 SF Specialty Building Offered at $785,000 at a 6.64% Cap Rate in Carlin, NV 89822

Investment Highlights

  • One of only 3 storage properties in a 20-mile radius
  • Median Household Income $75,000-$100,000
  • 95% Occupied
  • Located just off of I-80 between Salt Lake and Reno

Executive Summary

Welcome to Gold Country! SVN is proud to present Carlin Self Stor For Sale located in Carlin, NV. The area is home to two of the world's largest open-pit gold mines which process about 3 million ounces of gold each year! Carlin Self Stor is one of only 3 self storage properties in a 20 mile radius, so it stays fully leased with 86 units and 10,560 SF on .69 Acres. Carlin, NV is in the oldest city in Elko County, and, like most of Nevada, it's showing a 10% population increase! There is no expansion room on-site but the property absorbs multiple rate increases per year with 95% occupancy. Next rent raise is scheduled this Fall.
-One of only 3 storage properties in a 20-mile radius
-95% Occupied
-Median Household Income $68,000-$100,000
-Located just off of I-80 between Salt Lake and Reno
-Part of the Booming Elko, NV Area with 12% population growth

Data Room Click Here to Access

Property Facts

Price $785,000
Price Per SF $74
Sale Type Investment or Owner User
Cap Rate 6.64%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 0.70 AC
Building Size 10,560 SF
No. Stories 1
Year Built 1989
Parking Ratio 0.76/1,000 SF

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-171-014
Land Assessment
$5,250
Improvements Assessment
$83,718
Total Assessment
$88,968

zoning

Zoning Code COM (General Comm-Retail, Mixed,)
COM (General Comm-Retail, Mixed,)
  • Listing ID: 33012852

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 142 4th St, Carlin, NV 89822

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