1990 SE East Devils Lake Rd - Self-Storage Facilities FOR SALE
Lincoln City, OR 97367 |
1990 SE East Devils Lake Rd
Lincoln City, OR 97367
HIGHLIGHTS
- Oceanlake and Devil’s Lake Storage facilities are strategically situated in the growing coastal community of Lincoln City.
- Lincoln City is continuing to experience a steady population growth, driving and increased demand for self-storage facilities.
- Both facilities have historically shown strong occupancy demonstrating the high demand for self-storage in the immediate market.
- Self Storage is considered a recession-resistant investment resulting in an increased demand for self-storage units.
- Purchasing both deals as a portfolio allows an owner to have economies of scale which will help their overall expense load.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Oceanlake Storage & Devil's Lake Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
43802
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.84 AC AC
LAND SF
123,710 SF
ZONING
-
APN/PARCEL ID
R390259
