7306 White House Dr - Specialty FOR SALE


Anderson, CA 96007
$3,600,000 USD
209-270-7891
7306 White House Dr, Anderson, CA for Sale
$3,600,000 USD
Specialty - FOR SALE
1/24
null | Request Cap Rate

7306 White House Dr
Anderson, CA 96007


HIGHLIGHTS

  • Pride of ownership property from long term owner operator
  • Stabilized site with real upside (not poof magic happens)
  • 9,000 sq ft approved expansion and room for 15-20 storage containers (20 footers)
  • Turnkey investment opportunity with property management in place - clip the coupon

OVERVIEW

The is the ideal purchase if you are looking to get into self storage, or perhaps a second facility. This has turnkey manager with SSMC in place, close escrow and you have a coupon clipper. Update 04-22 List price reduced to $3,600,000 Back area behind the main house, old garage demo, base rock in, ready for 18 twenty-foot containers. ($125/month) Rerun your numbers, look at original OM, the income has tracked to the pro forma with rent increases Update 02-25 List price reduced to $4,100,000 Monthly income increased from $27,500 to 33,500 a month, rerun your numbers if your previously looked. There are still 6 more owner units being vacated and rented (~$600/month). The residence will rent for $2,500 a month, studio for $700-$800. Fire Insurance just renewed 01-28-25. No special zone, policy was $10,000 Opportunity to acquire a turnkey pride of ownership property. Long term owner retiring and moving. The site currently has 44,000 square feet of storage, a beautiful residential and studio, an approved 9,000 square foot expansion and room to add 15-20 containers. The site runs Sitelink Web Edition, uses Spiderdoor Gate Access and phone app, Forward Web website with online payments and rentals, and Deans and Homer Tenant protection plan now in place. The online due diligence package is available with the NDA and includes Sitelink reports, trailing 12 month bank account statements, operating statements, certificates of occupancy, and all bills paid. Site inspections and tours are available anytime, schedule through Mark. . Send mark your email address for the link to the due diligence folder in dropbox.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BT Whitehouse Storage

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.28 AC

LAND SF

142,700 SF

ZONING

ML

APN/PARCEL ID

051-060-005-000

ASK ABOUT THIS PROPERTY

Mark YandowSelf Storage Brokers of CaliforniaMore Info
209-270-7891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark YandowSelf Storage Brokers of CaliforniaMore Info
209-270-7891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.