2236 Sierra Hwy Bishop, CA 93514-2200
This exceptional investment opportunity in Bishop, CA, presents a thriving storage unit facility coupled with a separate two-bedroom house. The 5,375 square foot facility boasts 36 individual storage units, all featuring durable metal walls and concrete floors. Currently operating with an established customer base, this property offers immediate income potential. The units are ready for new ownership to continue the successful operation. The accompanying house, situated on the same property, provides additional versatility. This 2-bedroom residence features recently replaced carpeting and vinyl flooring throughout. Currently vacant, it presents an opportunity for owner occupancy, rental income, or use as an on-site manager's residence. The property sits on a lot with zero acres. The asking price for this combined property is $795,000. This unique offering combines the benefits of a stable income stream from the storage units with the added value of a separate residential dwelling, making it an attractive investment for both seasoned and aspiring investors. The property's location in Bishop, CA, offers easy access to local amenities and a growing community. This is a turnkey operation ready for a new owner to step in and continue the success. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.