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122 Unit Storage Facility + Apartment + 2 office spaces

Linn County, OR
The building is on the Main St. as you enter town with high visibility
Asking Price:$1,119,000
Established Year:1996
Gross Revenue:$122,735
Listing ID: 2256272Listing provided by BizBuySell
BUSINESS DESCRIPTION

Amazing investment Opportunity in Oregon! Self storage unit facility located at the entrance of town on Main Street. This family-owned business is now on the market, offering rental pricing significantly below current market rates.
Key Highlights:
Prime Location: Situated at the entrance of town on Main Street, ensuring high visibility and accessibility.
Competitive Rent: Rental rates are priced well below the current market standards, presenting a compelling investment opportunity.
Stable Business: Family-owned with a consistent 96% occupancy rate, reflecting strong demand and reliability.
Excellent Reputation: Enjoying a stellar local reputation built on trust and quality service.
Additional Assets: Includes an apartment and two office buildings, enhancing versatility and potential income streams.
This listing represents an exceptional chance to acquire a successful business with a solid track record in a prime location.

Please send an email to info@carasellscolorado.com and I will send you additional information, pictures and financials.


*Seller is a licensed Agent in the state of CO

DETAILED INFORMATION
Location
Linn County, OR
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
31,083
Facilities
The subject features a two-story office and residence building. The ground floor has a manager’s office for the facility and a small self-service dog washing area, which earns nominal income.Roughly 270 square feet is leased to a tax accountant for $350 per month. The lease is month-to-month. In addition, the upstairs is a residential unit that is leased to a third party on a month-to-month basis at a rent of $750 per month. Ownership is responsible for all operating expenses.
Competition
96% current occupancy
Growth & Expansion
Rents are lower than market rates and have potential for increases. There is no more square footage for expansion.
Support & Training
Any needed
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Cara Nail
Cara Nail