Self-Storage Facility

San Felipe Storage

5127 San Felipe Rd, Hollister, CA 95023

Listing Price: $20,500,000

Cap Rate
2.32%
Occupancy
57.3%
Year Built
2014

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale San Felipe Storage located at 1571 San Felipe Road in Hollister, California. The facility currently features 603 non-climate controlled units and 62 covered boat/RV parking spaces, totaling 129,110 net rentable square feet. They also offer 27 uncovered parking spaces for rent. The facility is fully fenced with 24-hour video surveillance, motion sensor lighting, individual door alarms with messaging alerts, kiosks, and an on-site management office. The facility was originally opened in 2014 and was expanded in 2017 and 2018. In addition, the facility has had strong historical occupancy rates and is currently 75% physically occupied.
San Felipe Storage is being offered for $20,500,000 or $158.78 per rentable square foot.

Investment Highlights

  • 129,110 net rentable square feet
  • 603 non-climate controlled units
  • 62 covered parking spaces
  • 27 uncovered parking spaces

Exclusively Listed By

Self-Storage Facility

San Felipe Storage

Listing Price: $20,500,000

Cap Rate
2.32%
Occupancy
57.3%
Year Built
2014

Investment Highlights

  • 129,110 net rentable square feet
  • 603 non-climate controlled units
  • 62 covered parking spaces
  • 27 uncovered parking spaces

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale San Felipe Storage located at 1571 San Felipe Road in Hollister, California. The facility currently features 603 non-climate controlled units and 62 covered boat/RV parking spaces, totaling 129,110 net rentable square feet. They also offer 27 uncovered parking spaces for rent. The facility is fully fenced with 24-hour video surveillance, motion sensor lighting, individual door alarms with messaging alerts, kiosks, and an on-site management office. The facility was originally opened in 2014 and was expanded in 2017 and 2018. In addition, the facility has had strong historical occupancy rates and is currently 75% physically occupied.
San Felipe Storage is being offered for $20,500,000 or $158.78 per rentable square foot.

Exclusively Listed By

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