TREMENDOUS INVESTMENT OPPORTUNITY AVAILABLE FOR SALE: NEWBERG BOAT AND RV STORAGE:
This recently constructed Boat and RV storage facility fronts busy Hwy 99W in Newberg, OR. The facility is situated on 2 – tax lots totaling approximately 5.74 aces of Light Industrial (LI) zoned ground. Presently there are 221 boat and RV storage spaces that consist of outside RV storage, covered RV storage and completely enclosed RV storage. The facility has 24 – hour customer service access and video surveillance system, +/-1,200 SF on-site administrative office that could possibly be used for a resident manager and there is room for additional outside or covered storage spaces. The property is completely fenced, has controlled access gate system, heavy traffic volume, great access, and exposure from Hwy 99W.
Purchase Price: $4,125,000.00.
Cap Rate: 6.37% based off 2019 phase II completion of construction.
DO NOT GO ON PROPERTY WITHOUT LISTING BROKER BEING PRESENT, DO NOT CONTACT / DISTURB EXISTING TENANTS.
ZONING: Light Industrial (LI)
HIGHLIGHTS: RV Storage property FOR SALE
Buyer solely responsible to independently verify all information. Buyer to perform and rely on its own due diligence investigation.