Investment Overview

Soledad Mini Storage is a rare opportunity to acquire well-situated self-storage facility in the city of Soledad, California. The acquisition of this asset will provide an investor with a well-maintained self-storage asset in an undersupplied local market with strong demographics. The subject property features approximately 12,963 net rentable square feet consisting of 100 self-storage units and 1 on-site apartment. The property sits on a large 34,848 square foot parcel with space for parking income. Soledad Mini Storage offers a range of modern amenities including electronic gate access, security systems, an on-site manager’s residence, and a full-service leasing office. The area surrounding the property has a high population density of approximately 232,611 residents within a five-mile radius. Soledad Mini Storage presents an ideal investent 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.