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21205 NE Fulquartz Landing Rd - RV and Boat Storage in Dundee
7,200 SF Specialty Building Offered at $1,150,000 at a 6.45% Cap Rate in Dundee, OR 97115
Investment Highlights
- 24 Covered Spaces with Power
- Primed for Growth
- 28 Uncovered Spaces
Executive Summary
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| 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 | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,150,000 | Property Type | Specialty |
| Price Per SF | $160 | Property Subtype | Self-Storage |
| Sale Type | Investment | Building Size | 7,200 SF |
| Cap Rate | 6.45% | No. Stories | 1 |
| Sale Conditions | Business Value Included | Year Built | 2022 |
| Price | $1,150,000 |
| Price Per SF | $160 |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Size | 7,200 SF |
| No. Stories | 1 |
| Year Built | 2022 |
About 21205 NE Fulquartz Landing Rd , Dundee, OR 97115
This RV and Boat storage business in Dundee offers covered and uncovered storage spaces with 24-hour access, electricity, and a user-friendly customer portal for remote sign-ups via StorEdge which makes for a hands-off investment. The storage facility is located on Fulquartz Landing Road just outside of Dundee, Oregon close to the Dundee Bypass in the heart of Willamette Valley Wine Country with convenient access to the Highway 99W stemming from Portland to McMinnville. The .99 acre parcel has 24 covered spaces, and an additional 28 uncovered spaces at various lengths to accommodate most large RVs and Boats. Customers enjoy 24-hour camera monitoring and a completely fenced storage lot. The lot was purchased and developed in 2022. With limited marketing, the business has achieved a 50% occupancy rate (based on total square footage) in its infancy. The uncovered spaces can be rearranged to a new owner's liking, and spaces can accommodate up to 50 feet in length. The covered area has a gross square footage of 7500 feet, and is 150 feet long, by 50 feet wide. Customers have the ability to plug into power while storing their vehicle under cover. This sale does not include the Bubba's RV and Storage brand, logos, images, likeness or name. *Call Zach to discuss a low-interest rate owner-carried financing option.*
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Zach Bernards - WILLCUTS COMPANY REALTORS
Presented by
WILLCUTS COMPANY REALTORS
21205 NE Fulquartz Landing Rd - RV and Boat Storage in Dundee
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