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Magalia, CA 95954
5565228 

Description:
66 Units Mini Storage+ RV Parking
Includes 2 developed lots and 1 undeveloped lot
Total potential income $4,750+ / Mo. or $57,000+ / Yr.
2007 income was $36,144+; currently only 56% occupied
(4)9 – 5X10 units @ $39 each
(4)12- 6X10 units @ $44 each
(1)1- 5X14 units @ $48 each
(3)5 – 8X10 units @ $50 each
1- 10X10 units @ $55 each
(8)8 – 10X12 units @ $60 each
( # ) of Units currently rented 4/08
2- 10X20 units @ $78 each
(5)8 – 12X20 units @ $80 each
(12)18- 12X24 units @ $97 each
(1)1 – 24X24 units @ $200 each
(1)1- 24X30 units @ $280 each
( ) indicates how many are currently rented
Please call Paul Farsai @ 530-342-7337

Long term tenants. Many tenants since 2002-2003. Tax returns available to support information provided above. As of today you have a 7% cap and if other units rented you will have a cap of 11%. Current owner has owned it since 1989. Zoned Community Commercial. More than 60 feet of frontage. Detail financial available upon request.
 

Details:
Property Type: OTHER
Built: 31
[Magalia Real Estate, listing number 5565228]
photo tour    print   contact     Mortgage   

Financials:
Listing Price: $535,000
Taxes: $2,797


Contact Information:
Paul Farsai2
BBS Real Estate
Paul Farsai
Broker
phone: 530-342-7337
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