91766 Highway 99 S - Meadowview Storage
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91766 Highway 99 S - Meadowview Storage
21,018 SF Specialty Building Offered For Sale in Junction City, OR 97448
Investment Highlights
- Facility is strategically positioned with good visibility on major State Hwy 99 between Junction City and Eugene.
- Reputed for its new stellar amenities, state-of-the art surveillance, well-maintained premises and positive reviews.
- Median household income is well above the national average in the 3-mile radius at $88,574.
- 15,200 VPD along State Highway 99 and 17,100 VPD along Highway 99 North.
Executive Summary
Opportunity to acquire a fully stabilized self-storage facility that is 98 % occupied. Ability to increase rental rates on heated units 20%-40% as sole market provider. Site offers the ability to be unmanned if preferrable, further enhancing revenue through a reduction in expenses via management fee. Increase physical and economic occupancies via implementing professional third-party management. Owner can also add value through implementing an institutional management platform to maximize efficiencies.
243 units on 1.43 acres and a NRSF of 21,018. 158 non-climate controlled units and 85 heated units.
98% physical occupancy of area and units and 81% economic occupancy.
243 units on 1.43 acres and a NRSF of 21,018. 158 non-climate controlled units and 85 heated units.
98% physical occupancy of area and units and 81% economic occupancy.
Property Facts
| Sale Type | Investment | Lot Size | 1.43 AC |
| Property Type | Specialty | Building Size | 21,018 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1981/1990 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 21,018 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1981/1990 |
Amenities
- Property Manager on Site
- Signage
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PROPERTY TAXES
| Parcel Number | 0053833 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,048,220 |
PROPERTY TAXES
Parcel Number
0053833
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,048,220
zoning
| Zoning Code | CI (commercial industrial) |
| CI (commercial industrial) |
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91766 Highway 99 S - Meadowview Storage
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