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Self-Storage Facility

Crescenta Valley Mini Storage

4441 Cloud Ave, La Crescenta-Montrose, CA 91214

Listing Price: $26,000,000

Cap Rate
3.57%
Number of Units
578
Occupancy
93.0%
Gross SF
55,025
Rentable SF
55,025
Price/Rentable SF
$472.51
Year Built
1989

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Crescenta Valley Mini Storage located in La Crescenta, California. The facility consists of 578 non-climate-controlled units, totaling 55,025 net rentable square feet. This is a stabilized cash flowing facility that is currently 99% physically occupied. The property features a keypad gated entry, an onsite management office, and 24-hour video surveillance. The location of this facility benefits from an extremely dense and growing surrounding population. The population within five miles of the facility is 223,805, which represents a 6.76% increase since 2000 and is expected to continue to grow over the next five years. The facility is located less than a mile from Interstate-210 and is surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and daily traffic counts of around 2,300 cars per day.

Investment Highlights

  • 55,025 Net Rentable Square Feet
  • 578 Non-Climate Controlled Units
  • High Physical Occupancy of 99.65%

Exclusively Listed By

Financing By

Self-Storage Facility

Crescenta Valley Mini Storage

Listing Price: $26,000,000

Cap Rate
3.57%
Number of Units
578
Occupancy
93.0%
Gross SF
55,025
Rentable SF
55,025
Price/Rentable SF
$472.51
Year Built
1989

Investment Highlights

  • 55,025 Net Rentable Square Feet
  • 578 Non-Climate Controlled Units
  • High Physical Occupancy of 99.65%

Investment Overview

The Hatcher Group of Marcus & Millichap is pleased to exclusively offer for sale Crescenta Valley Mini Storage located in La Crescenta, California. The facility consists of 578 non-climate-controlled units, totaling 55,025 net rentable square feet. This is a stabilized cash flowing facility that is currently 99% physically occupied. The property features a keypad gated entry, an onsite management office, and 24-hour video surveillance. The location of this facility benefits from an extremely dense and growing surrounding population. The population within five miles of the facility is 223,805, which represents a 6.76% increase since 2000 and is expected to continue to grow over the next five years. The facility is located less than a mile from Interstate-210 and is surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and daily traffic counts of around 2,300 cars per day.

Exclusively Listed By

Financing By

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