- For Sale $800,000
- Property Type Industrial
- Year Built 1997
- Date Updated Mar 27, 2024
- Website unitedselfstoragedevelopment.sharplaunch.com
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.”
The Calvary Realty Realty National Storage group is pleased to present this value add investment opportunity in Southern California.
United Self Storage is located 60 miles southeast of Coachella and 30 miles northwest of the world famous Glamis, which is the largest off-road sand dune location in the United States. The new owner can capitalize on outdoor enthusiast needing a location to store their off-road vehicles and campers.
This single storage facility consists of 6,500 sq. ft. of self storage space divided into 58 units, a 500 sq. ft. Apartment, a management office, RV storage, and over 3.5 acres of excess land for expansion.
The property is currently 99% occupied and has rents that are nearly 100% below market! Rents can double and still remain below competitive facilities in the Imperial Valley.
The facility has a part time manager who answers phones, collects payments, and shows units during the day; as well as a paying tenant in the apartment who watches over the property at night.
Furthermore, the facility is less than 10 miles east of the Salton Sea, which contains the largest lithium deposits in the world. Several large energy companies are building infrastructure locally to mine lithium from the Salton Sea. This is expected to drastically improve the local economy within the next decade.
With its solid tenant base, high occupancy, future potential, and low price point; United Self Storage would be a great investment for a first time investor or seasoned investor seeking a value add opportunity.
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Highlights
- Rents Nearly 100% Below Market
- High Historical Occupancy
- Over 3.5 acres of Vacant Land for Expansion
- Proximity to Glamis Sand Dunes
- Future Economic Growth Due to Lithium Mining
False
Contacts
Location
Getting Around
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Walk Score ®
39/100 Car-Dependent -
Bike Score ®
38/100 Somewhat Bikeable
- City Calipatria, CA
- Neighborhood Calipatria
- Zip Code 92233
Points of Interest
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H10 - H13 Parking
4.47 miles
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H7 HC Parking
5.42 miles
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H1- H2a Parking
5.51 miles
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H8 Parking
5.56 miles
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H9 Parking
5.58 miles
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H3 - H6 Parking
5.95 miles
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HQ/ VC Parking
7.09 miles
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Overflow Parking
7.10 miles
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U3 - U4 Parking
7.75 miles
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U1 - U2 Parking
8.07 miles
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Buckshot Deli & Diner
0.08 miles
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Big O Superstore
0.08 miles
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Niland Fire Station
0.39 miles
Frequently Asked Questions
What is the lease rate for United Self Storage (Expansion Potential)?
Rental asking rate at United Self Storage (Expansion Potential) is $400,000.00/YR.
What is the total square footage of United Self Storage (Expansion Potential)?
United Self Storage (Expansion Potential) totals 4 square feet.
When was this property built?
United Self Storage (Expansion Potential) was built in 1997.
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