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27203016
27202885

2 Locations

BR
CA 01787727, CA 02023477
Calvary Realty
Listed by Calvary Realty
$6,950,000
263 days on market
Updated 81 days ago

Select Storage Portfolio (Seller Financing)

Details
APN 0621-061-10-0000, 0621-051-03-0000
Property Type Business for Sale, Industrial (+3)
Sub Type Business and Building, Flex (+1)
Square Footage 59,565
Net Rentable (SqFt) 59,565
Units 530
Cap Rate 6.03%
NOI $419,107
Occupancy 67%
Tenancy Multi
Pro-Forma Cap Rate 9.6%
Pro-Forma NOI $667,372
Price per SqFt $117
Broker Co-Op Yes
Class B
Year Built 1981, 1989
Buildings 14
Stories 1
Acreage 7.080
Zoning Mini-Warehouse
Investment Type Value Add
Ownership Fee Simple

2-Property Portfolio | Seller Willing to Finance in 1st Lien Position

Marketing description

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".

Calvary Realty is pleased to present the opportunity to acquire a two-property Self-Storage portfolio located within walking distance of one another, offering exceptional market control and economies of scale. The portfolio represents a rare opportunity to secure a dominant foothold in the Riverside–San Bernardino MSA, the 12th largest metropolitan area in the United States.

The portfolio encompasses a combined 59,565 square feet of enclosed storage and 10,650 square feet of parking, situated across 7.08 acres. With a total of 529 storage units, 55 vehicle storage spaces, an apartment, and 2 management offices, the properties offer diverse income streams. Additional revenue is generated through cell tower income, while further upside exists through expansion potential on available land. The properties are strategically positioned along a highly visible corridor with an average daily traffic count of 14,900 vehicles per day, ensuring strong exposure and customer demand.

The portfolio’s proximity to the Marine Corps Air Ground Combat Center – the largest Marine combat base in the United States – provides a steady demand driver from military personnel and families in the area. These facilities hold a monopolylike position in the market, ensuring durable occupancy levels and pricing power.

Furthermore, seller is willing to finance the transaction with a purchase price of $7,250,000 and $2,000,000 down payment. Terms are negotiable.

Together, these assets create a highly compelling investment profile: stabilized income, expansion opportunity, strong location fundamentals, and market dominance within one of the fastest-growing regions in Southern California.

Investment highlights

  • Seller Willing to Finance

  • Riverside-San Bernardino MSA (4.7M Residents)

  • 12th Largest Metro Area in the U.S.

  • High Vehicle Traffic

  • 14,900 Vehicles Per Day

  • Surrounded by Residential and Commercial

  • Occupancy Upside

  • Near the Largest Combat Base in U.S. (MCAGCC)

  • On-Site Office & Apartment

  • On-Site Management

  • Expansion Potential

  • Market Control & Economies of Scale

  • Cell Tower Lease Income

Listing Contacts

BR
CA 01787727, CA 02023477
Calvary Realty
Listed by Calvary Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$419,107.00
$34,925.58/mo

Valuation Metrics

0
DSCR
6.03%
Cap Rate
6.03%
ROI

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