Columbia Stowaway Storage, Portfolio Opportunity
Self Storage | 363 Units, Value Add Opportunity
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
- Close Proximity and Access to I-84, Exit 83
- Opportunity to Acquire two established self-storage facilities in close proximity to each other
- Turn Key Operation
- Perfect Satellite or Remotely Manage
- Revenue Growth Potential Through Technology, Marketing, and Rate Optimization
- Well Established Facility
- 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+)
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