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Property profile & analytics
OFF-MARKET
Self storage facilities

21205 Fulquartz Lndg Dundee, OR 97115

0.99 ac lot Built 2022
Property ID
Property summary
AI-generated overview

This exceptional turn-key RV and boat storage business, located at 21205 SE Fulquartz Landing in Dundee, Oregon (97115), presents a lucrative investment opportunity. Built in 2022 on a 0.99-acre lot zoned for light industrial use, this single-story facility boasts 52 units, offering a mix of 24 covered and 28 uncovered spaces. The covered area, measuring 7,500 square feet (150ft x 50ft), provides power hookups for stored vehicles. Uncovered spaces are adaptable to accommodate various RV and boat sizes, with a maximum length capacity of 50 feet. The property features 24-hour access, security cameras, and a fully fenced perimeter for enhanced safety and peace of mind. The business utilizes StorEdge for remote customer sign-ups, streamlining operations. Currently operating at a 44% occupancy rate, this business offers significant growth potential. The asking price is $1,150,000, representing a $22,115.38 price per unit and a 6.15% cap rate with a NOI of $70,780. This sale excludes the existing business name and branding. The property's convenient location near Highway 99W, between Portland and McMinnville, provides easy access for customers in the heart of the Willamette Valley Wine Country. This is an owner/user investment opportunity with strong potential for increased profitability.

Property profile
Verified
Property type Self storage facilities
Year built 2022
Lot 0.99 ac (43,124 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bubba's Boat And RV Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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