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Self-Storage Facility

Hayfork Mini Storage

240 Tule Creek Rd, Hayfork, CA 96041

Listing Price: $408,888

Cap Rate
7.47%
Number of Units
30
Occupancy
90.0%
Gross SF
6,000
Rentable SF
6,000
Price/Rentable SF
$68.15
Year Built
2015

Investment Overview

Hayfork Mini Storage is an exceptional 30 unit self-storage asset located in the thriving city of Hayfork, California.

The acquisition of this asset will provide an investor with a self-storage facility in an undersupplied local market with strong demographics. Additional upside can be attained through the expansion and development of the parcel's underutilized land.

The subject property features 30 self-storage units, consisting of approximately 6,000 square feet of net rentable space. 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or serving as a residence for an onsite leasing manager. The subject property is situated on a large 3.26 acre parcel of land and features one single-story drive-up building with metal construction. Hayfork Mini Storage offers a range of modern amenities, including 24-hour surveillance and a remote access secured gate.

Hayfork Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in California. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

Investment Highlights

  • Exceptional Self-Storage Investment Opportunity - Investors have the opportunity to acquire an exceptional self-storage asset with high potential cash flow in the heart of California's Trinity County.
  • Ease of Remote Management - The subject property offers investors the potential for remote management through online software and outsourcing call centers.
  • Prime Expansion Opportunity - Investors have the opportunity to further increase cashflow through the expansion and development of the parcel's underutilized land.
  • Single Family Home On Site - 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or serving as a residence for an on-site leasing manager.
  • Advantage of No Rent Control in Self Storage - Allows property owners to adjust rental rates in response to market demand and operational costs, promoting flexibility and revenue growth.

Exclusively Listed By

Self-Storage Facility

Hayfork Mini Storage

Listing Price: $408,888

Cap Rate
7.47%
Number of Units
30
Occupancy
90.0%
Gross SF
6,000
Rentable SF
6,000
Price/Rentable SF
$68.15
Year Built
2015

Investment Highlights

  • Exceptional Self-Storage Investment Opportunity - Investors have the opportunity to acquire an exceptional self-storage asset with high potential cash flow in the heart of California's Trinity County.
  • Ease of Remote Management - The subject property offers investors the potential for remote management through online software and outsourcing call centers.
  • Prime Expansion Opportunity - Investors have the opportunity to further increase cashflow through the expansion and development of the parcel's underutilized land.
  • Single Family Home On Site - 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or serving as a residence for an on-site leasing manager.
  • Advantage of No Rent Control in Self Storage - Allows property owners to adjust rental rates in response to market demand and operational costs, promoting flexibility and revenue growth.

Investment Overview

Hayfork Mini Storage is an exceptional 30 unit self-storage asset located in the thriving city of Hayfork, California. The acquisition of this asset will provide an investor with a self-storage facility in an undersupplied local market with strong demographics. Additional upside can be attained through the expansion and development of the parcel's underutilized land. The subject property features 30 self-storage units, consisting of approximately 6,000 square feet of net rentable space. 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or serving as a residence for an onsite leasing manager. The subject property is situated on a large 3.26 acre parcel of land and features one single-story drive-up building with metal construction. Hayfork Mini Storage offers a range of modern amenities, including 24-hour surveillance and a remote access secured gate. Hayfork Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in California. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

Exclusively Listed By

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