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34429775
34429659

105 Webber St, The Dalles, OR 97058-3693 For Sale

DR
OR OR 201206851, WA WA 27066
Storage Brokers Northwest Clackamas
Laren Group LLC
Listed by Storage Brokers Northwest Clackamas, Laren Group LLC
$3,300,000
0 days on market
Updated 0 days ago
Opportunity zone

Oregon Trail Mini Storage

Details
APN 17195
Property Type Self Storage
Sub Type Self Storage
Square Footage 17,470
Net Rentable (SqFt) 17,470
Units 200
NOI $171,695
Occupancy 86%
Tenancy Multi
Pro-Forma Cap Rate 6.31%
Pro-Forma NOI $208,249
Buildings 5
Stories 1
Acreage 1.540
Zoning I INDUSTRI
Investment Type Stabilized

Self Storage | Opportunity to Acquire Two facilities close-by each other

Marketing description

Acquire two established self-storage facilities located less than one mile apart in The Dalles, Oregon, creating an immediate operating portfolio with significant economies of scale and revenue growth potential.

Together, the facilities represent 563 storage units, over 58,000 square feet of rentable storage space, on approximately 5.3 acres of land in one of the Columbia Gorge's most stable and growing markets.

Acquire both for approximately $7.35 million and implement modern self-storage operating practices, centralize management, improve technology and marketing, optimize rental rates, and increase occupancy. The proximity of the properties creates a unique opportunity to generate returns that exceed what either facility could achieve independently. For investors seeking a scalable self-storage platform in a growing Columbia River market, opportunities to acquire two complementary facilities this close together are exceptionally rare.

Investment highlights

  • This Facility along with Columbia Stowaway, around the corner at Exit 93, are availble to Acquire and Operate as one facility, reducing cost and increasing efficiency. (See Columbia Stowaway Listing)
  • Located at I-84 Exit 83 with Close Proximity and Access to the exit
  • Opportunity to Manage Remotely or as a Satellite location
  • Well Established Facility
  • 1.54 Acre, 200 Units, Occupancy 86%
  • Median Household Income is $62,614
  • Population Five-year trend: +4.72%
  • Serves a large economic trade area
  • Diverse economic base (healthcare, education, tech, agriculture)
  • Strong retail activity ($561M sales)
  • Educated workforce (87% high school+, 22.7% bachelor's+)

Listing Contacts

DR
OR OR 201206851, WA WA 27066
Storage Brokers Northwest Clackamas
Laren Group LLC
Listed by Storage Brokers Northwest Clackamas, Laren Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,695.00
$14,307.92/mo

Valuation Metrics

0
DSCR
5.2%
Cap Rate
5.2%
ROI

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Additional Information

Name
Dwaine Rhea
License
OR 201206851
Brokerage
Kelly Right Real Estate
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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