Hayfork Mini Storage is an exceptional 30 unit self-storage asset located in the thriving city of Hayfork, California.
The acquisition of this asset will provide an investor with a self-storage facility in an undersupplied local market with strong demographics. Additional upside can be attained through the expansion and development of the parcel's underutilized land.
The subject property features 30 self-storage units, consisting of approximately 6,000 square feet of net rentable space. 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or serving as a residence for an onsite leasing manager. The subject property is situated on a large 3.26 acre parcel of land and features one single-story drive-up building with metal construction. Hayfork Mini Storage offers a range of modern amenities, including 24-hour surveillance and a remote access secured gate.
Hayfork Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in California. 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 portfolios and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.