7965 State Hwy 99w, Gerber, CA 96035-9740

This exceptional self-storage investment opportunity in Gerber, CA, presents a compelling proposition for discerning investors. Strategically located between Chico and Red Bluff, near Highway 5 and Old Highway 99W, this established business boasts a prime location and high visibility. Operating successfully since the 1980s, the facility enjoys a strong reputation, evidenced by its 4.6-star Google rating and consistently high occupancy rates. The property encompasses 18,912 square feet, featuring 124 storage units, all conveniently drive-up accessible. Further enhancing its income potential are eight 15x40 outdoor RV parking spaces, with ample room for expansion on the additional 3 acres of land. U-Haul rental sales have shown remarkable growth, increasing fivefold in just the second year of operation, highlighting the facility's strong market position and potential for continued revenue growth. On-site, a fully renovated two-story apartment building provides additional income streams, comprising one two-bedroom, two-bathroom unit and one one-bedroom, one-bathroom manager's unit, both currently rented. There's even potential to convert a two-car garage into an additional one-bedroom, one-bathroom unit. The property benefits from its location outside flood and fire zones, resulting in affordable commercial property and casualty insurance costs. This turnkey operation offers a stable, passive income stream, making it ideal for a variety of investors, from retirees seeking on-site living and consistent rental income to those seeking a diversified multifamily investment portfolio with a mature self-storage component. The U-Haul Authorized Dealer status further adds to the revenue streams through truck rentals and moving supply sales.