91766 Highway 99, Junction City, OR 97448
21,018 SF Specialty Building Offered For Sale in Junction City, OR 97448
For Sale
Active
- Property Type
-
Specialty
- Square Feet
- 21,018 SF
Listing Contacts
- Property Info
Property Overview
Opportunity to acquire a fully stabilized self-storage facility that is 98 % occupied. Ability to increase rental rates on heated units 20%-40% as sole market provider. Site offers the ability to be unmanned if preferrable, further enhancing revenue through a reduction in expenses via management fee. Increase physical and economic occupancies via implementing professional third-party management. Owner can also add value through implementing an institutional management platform to maximize efficiencies.
243 units on 1.43 acres and a NRSF of 21,018. 158 non-climate controlled units and 85 heated units.
98% physical occupancy of area and units and 81% economic occupancy.
243 units on 1.43 acres and a NRSF of 21,018. 158 non-climate controlled units and 85 heated units.
98% physical occupancy of area and units and 81% economic occupancy.
Property Details
- Class
- C
- Year Built/Renovated
- 1981/1990
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 62,291 SF
Highlights
- Facility is strategically positioned with good visibility on major State Hwy 99 between Junction City and Eugene.
- Median household income is well above the national average in the 3-mile radius at $88,574.
- Reputed for its new stellar amenities, state-of-the art surveillance, well-maintained premises and positive reviews.
- 15,200 VPD along State Highway 99 and 17,100 VPD along Highway 99 North.
Nearby Properties
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