Storwell Barrett
Storwell Barrett | 157 Units | Remote Managementxceptional South Bay Self-Storage Asset - Storwell -
Marketing description
Storwell - Barrett is a well-situated self-storage asset located on 16325 Barrett Ave in the thriving city of Morgan Hill, CA. Constructed in 1978, the subject property is situated on an expansive 0.81 acre parcel of land. The facility encompasses approximately 10,380 total square feet and offers 100% drive-up units with roll-up doors. Storwell - Barrett provides tenants with modern conveniences, including 24-hour surveillance and a secure gated perimeter with keypad access.
The city of Morgan Hill, CA offers strong demand driven by its growing residential population and thriving business community. Conveniently positioned along U.S. Highway 101, the city provides excellent connectivity to San Jose, Silicon Valley, and the greater Bay Area, making it a strategic hub for both commuters and local businesses. Additionally, its central location and accessibility ensure consistent storage needs from both residents and enterprises.
Storwell - Barrett presents an ideal investment opportunity for those looking to enter the California self-storage market. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.
Investment highlights
Exceptional South Bay Self-Storage Asset - Storwell - Barrett offers investors the opportunity to acquire a prime self-storage asset with upside potential, situated in the growing Silicon Valley suburb of Morgan Hill, CA.
Strong Rental Demand - Storwell - Barrett enjoys strong self-storage demand with current occupancy at 97%.
Advantage of No Rent Control in Self-Storage - Allows property owners to adjust rental rates in response to market demand and operational costs, promoting Flexibility and revenue growth.
State-Of-The-Art Property Amenities - The subject property features state-of-the-art amenities such as a secure gated entry, desirable drive-up units with roll-up doors, and a 24-hour security system.
Desirable Unit Mix - Storwell - Barrett provides tenants with a variety of storage solutions ranging in size from 5 x 10 to 10 x 16
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