2995 Or-66Ashland, OR 97520

For Sale
$2,750,000

Established self-storage facility in Southern Oregon

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional, established self-storage facility in Ashland, Oregon, presents a rare investment opportunity. Located at 2995 OR-66, this prominent corner property boasts high visibility and easy access. The facility comprises 129 storage units ranging from 5x6 to 26x15 square feet, a mix of interior and exterior units, achieving 98%+ historical occupancy. Adding to the diverse revenue streams are nine office suites (24x10 to 52x35 sq ft), seven workshop spaces (24x10 to 30x19 sq ft), and 37 parking spaces accommodating vehicles and RVs. Significant recent improvements include new metal siding (2021-22), full site pavement (2017), new roofs (2008), city sewer connection, solar panels, and a remodeled manager's quarters. The property offers substantial rent upside potential exceeding $5,000 per month based on market rates for existing units, excluding rent growth and potential development of excess land in the northeast corner. The buyer is responsible for all due diligence. This is a turnkey operation in a desirable location with strong potential for future growth.

Highlights

  • Exceptional, established self-storage facility in Ashland, Oregon, offering a rare investment opportunity.
  • High-visibility corner location at 2995 OR-66 with easy access.
  • 129 storage units (5x6 to 26x15 sq ft), 9 office suites (24x10 to 52x35 sq ft), 7 workshop spaces (24x10 to 30x19 sq ft), and 37 parking spaces; 98%+ historical occupancy.
  • Recent improvements include new metal siding (2021-22), full site pavement (2017), new roofs (2008), city sewer connection, and solar panels.
  • Substantial rent upside potential exceeding $5,000/month based on market rates.

Location Insight

City
Ashland
County
Jackson
State
Oregon
Latitude
42.183186956092
Longitude
-122.65623943255
2995 Or-66, Ashland, Oregon
Leaflet | © OpenStreetMap contributors

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2995 Or-66
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