Property summary
Exceptional investment opportunity: a 28,080 square foot self-storage facility in Detroit, Oregon, situated on a 2.07-acre lot. This property, constructed in 2018, boasts 104 units ranging in size from 120 to 480 square feet, catering to the high demand for RV and boat storage in this popular lake destination. The facility is conveniently located along the N Santiam Highway, close to Detroit Lake, approximately 50 miles east of Salem. Features include a fully fenced perimeter with an automated security gate. The property is currently not in operation and is being sold as real estate only. The unit breakdown is as follows: 52 units measuring 10' x 12', 26 units at 30' x 12', and 26 units at 40' x 12'. Detailed financial projections are available upon request. This presents a unique chance to acquire a well-positioned asset in a thriving recreational area. The asking price is $1,900,000.
Property profile
VerifiedCap rate & NOI
Current use
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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