Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Lake Isabella, California Two Property Portfolio. The portfolio features 388 non-climate-controlled units totaling 68,387 net rentable square feet. They also offer 42 parking spaces for rent. The facilities have had strong historical occupancy rates and has a combined physical occupancy of 95%. Both properties are fully fenced with keypad, gated entrances, on-site management offices, and 24-hour video surveillance. The facilities are located in Lake Isabella less than a mile apart from each other and about 100 miles from Los Angeles, California. They are conveniently located just off California State Route 178 which serves to connect Bakersfield with Lake Isabella. Lake Isabella Boulevard is a busy street with many restaurant and retail stores. This offers both Downtown Storage & RV and Lakeside Storage great street frontage and daily traffic counts of around 3,750 cars per day and 7,900 cars per day off Lake Isabella Boulevard, respectively. Lake Isabella, California Two Property Portfolio is being offered for $5,250,000 or $76.77 per rentable square foot.