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Self-Storage Facility

320 Arnett St

320 Arnett St, Crescent City, CA 95531

Listing Price: $1,650,000

Cap Rate
6.04%
Number of Units
81
Occupancy
100.0%
Gross SF
10,750
Rentable SF
10,750
Price/Rentable SF
$153.49
Year Built
2005

Investment Overview

Storwell - Arnett, is an excellent self-storage asset located at 320 Arnett St in the beautiful coastal city of Crescent City, CA.

Acquisition of this asset will provide investors with a well-maintained self-storage facility with strong tenancy and upside potential.

Storwell - Arnett is situated on a 23,087 square foot parcel of land and features 10,750 net rentable square feet. The subject property offers tenants a variety of storage solutions ranging in size from 5 x 10 to 25 x 30. Storwell - Arnett features state-of-the-art amenities such as a secure gated entry, drive-up access with roll-up doors, a 24-hour security system, and property monitoring to ensure no unauthorized access.

The subject property is strategically situated along the busy thoroughfares of U.S. Highway 199 and U.S. Highway 50, connecting California to Washington.

Storwell - Arnett presents an ideal investment opportunity for those looking to enter the California self-storage market. 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 portfolio 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 Crescent City Self-Storage Asset - Storwell - Arnett offers investors the opportunity to acquire an excellent self-storage asset with upside potential, on California's iconic coastline.
  • 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.
  • Desirable Unit Mix - Storwell - Arnett provides tenants with a variety of storage solutions ranging in size from 5 x 10 to 25 x 30. All units feature drive-up access and convenient roll-up doors.
  • State-Of-The-Art Property Amenities - The subject property features state-of-the-art amenities such as a secure gated entry, drive-up access with roll-up doors, a 24-hour security system, and property monitoring to ensure no unauthorized access.

Exclusively Listed By

Self-Storage Facility

320 Arnett St

Listing Price: $1,650,000

Cap Rate
6.04%
Number of Units
81
Occupancy
100.0%
Gross SF
10,750
Rentable SF
10,750
Price/Rentable SF
$153.49
Year Built
2005

Investment Highlights

  • Exceptional Crescent City Self-Storage Asset - Storwell - Arnett offers investors the opportunity to acquire an excellent self-storage asset with upside potential, on California's iconic coastline.
  • 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.
  • Desirable Unit Mix - Storwell - Arnett provides tenants with a variety of storage solutions ranging in size from 5 x 10 to 25 x 30. All units feature drive-up access and convenient roll-up doors.
  • State-Of-The-Art Property Amenities - The subject property features state-of-the-art amenities such as a secure gated entry, drive-up access with roll-up doors, a 24-hour security system, and property monitoring to ensure no unauthorized access.

Investment Overview

Storwell - Arnett, is an excellent self-storage asset located at 320 Arnett St in the beautiful coastal city of Crescent City, CA. Acquisition of this asset will provide investors with a well-maintained self-storage facility with strong tenancy and upside potential. Storwell - Arnett is situated on a 23,087 square foot parcel of land and features 10,750 net rentable square feet. The subject property offers tenants a variety of storage solutions ranging in size from 5 x 10 to 25 x 30. Storwell - Arnett features state-of-the-art amenities such as a secure gated entry, drive-up access with roll-up doors, a 24-hour security system, and property monitoring to ensure no unauthorized access. The subject property is strategically situated along the busy thoroughfares of U.S. Highway 199 and U.S. Highway 50, connecting California to Washington. Storwell - Arnett presents an ideal investment opportunity for those looking to enter the California self-storage market. 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 portfolio 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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