
Description
Successful outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Located within the SF Bay Area's I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding, with all tenants on auto-bill. Traditionally, 2 hours per month is required to manage. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a pin code was installed in 2021, ensuring easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. Trailing 12 shows $45,000 in annual NOI. Two simple value add opportunities exist to increase NOI to $53,640.
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0BEDS
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0.67ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Successful outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Located within the SF Bay Area's I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding, with all tenants on auto-bill. Traditionally, 2 hours per month is required to manage. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a pin code was installed in 2021, ensuring easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. Trailing 12 shows $45,000 in annual NOI. Two simple value add opportunities exist to increase NOI to $53,640.
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