68512 Highway 101
5,440 SF Specialty Building Offered at $495,000 in North Bend, OR 97459
EXECUTIVE SUMMARY
44-unit Mini-Storage! Already subdivided into three separate tax lots with three distinct addresses. Combined approximately 5,000 square feet of building and approximately 0.77 acres. Large units (12 total) approx 10' x 20' lease at $125/month. Small units (32 total) approx 8'x9' lease at $80/month. In addition to mini-storage also lease RV spaces $110/month (approx 6). Deeded dune access. No utilities. Seller would consider carrying - looking for approx 50% down.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | $495,000 |
| Price Per SF | $90.99 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 5,440 SF |
| No. Stories | 1 |
| Year Built | 2008 |
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PROPERTY TAXES
| Parcel Number | 1000165204 | Total Assessment | $147,330 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
ZONING
| Zoning Code | C-1 |
