Current Use by Public Records
- Self storage facilities
Property Details for 33845 Or-99E
- Year built
- 2001
- Lot size
- 1.00 lot acres
- Property type
- Self storage facilities
Description
This exceptional investment opportunity presents a fully occupied, 24,000-square-foot self-storage facility in Tangent, Oregon. Located on a one-acre parcel, this two-story building boasts 118 units, generating a strong 7% cap rate at an asking price of $1,195,000 ($10,127.12 per unit). Built in 2001, the property features a professionally managed on-site office, automated gates for enhanced security, and six parking spaces for tenant and staff convenience. The exterior has recently been repainted, ensuring a modern and attractive appearance. The property is zoned UGA - LI and includes 14,135 square feet of rentable space. This turnkey operation in Linn County offers a reliable revenue stream in a high-demand market, making it an ideal addition to any investment portfolio. The property's strong performance and attractive features make it a compelling investment opportunity. The property's APN is 0129573. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility in a desirable location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tangent
- County
- Linn
- State
- Oregon
- Longitude
- -123.109
- Latitude
- 44.5645
