1976 N Beale Rd
Marysville, CA 95901

First class self storage project on 1.79 Acres offering an outstanding opportunity to operate an existing business while expanding the facility in a high-demand market to increase value and return on investment. This 49-Unit self storage facility is located east of downtown Marysville, next to a Yuba College campus. It is well situated near residential apartment units on a main artery and is the nearest storage facility to Beale Air Force Base. With the proximity to the air force base 25% of the clientele are typically service members. 5,000 square feet of existing storage units remain 100% occupied with constant demand. The business is included in the sale of the real estate. Additional land is partially rented for outdoor RV, boat, and car storage. A new operator could benefit immediately by leasing the remaining uncovered spaces. The current facility is designed to allow an owner to operate remotely with access to the onsite storage rental, electronic gate and billing software, video surveillance and site alarm all via the internet. The facility provides customers the ability to rent units and pay online. The existing units were initially constructed in February 2004. The property consists of two, single-story buildings with metal walls and roof. All the interior walls are metal with metal roll-up doors to each unit on a concrete slab. The property is fully automated with Security System, electronic security gate software, incorporating the Falcon Series Keypad, and digital video surveillance. Plans to expand to 280+ storage units with a proposed 480 square foot office for on-site retail sales. Upon completion, the investment could generate a net income upward of $150,000 a year with a potential cap rate of 12%. The storage facility could be built in phases or mass-developed depending on a new investor’s long-term vision for the property.