Property Attributes
- MLS#223112217
- TypeBusiness Op
- CountyYUBA
- CityBrownsville
- AreaBrownsville
- Zip95919
- Style
- Price$ 600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.27 Acres
Data Source:
MetroList MLS
Property Description
Investment Opportunity: High-Yield Business and Property with Consistent Cash Flow Discover a lucrative investment in the heart of Brownsville, CA. This property and business Mountain Storage, listed at $600,000, offers a compelling opportunity with a cap rate of 8.65% and an impressive occupancy rate of 99%. Boasting 40 fully occupied storage units and two flourishing storefronts with a hair salon and tire shop renting these locations, this investment promises both stability and growth potential. Property Features: 1. 40 Storage Units: All units are currently leased, catering to a diverse clientele seeking secure and convenient storage solutions. Various unit sizes accommodate the needs of different tenants. 2. 2 Storefronts: The property includes two well-maintained storefronts currently leased to thriving businesses. These established tenants contribute to the property's solid and consistent cash flow. 3. Strategic Location: Positioned in the center of Brownsville, the property benefits from high visibility and foot traffic. Easy access to major roadway and public transportation. 4.Solid Tenant Base: With an occupancy rate of 99%, the property enjoys a stable and diverse tenant base, minimizing vacancy risks and ensures a dependable income stream.
Price History | |
---|---|
11/23/2023 | Listed $600,000 |
General Features
Management | Owner |
---|---|
Sewer | Septic System |
Heating | Central |
Cooling | MultiZone |
Utilities | Hot Water,Propane |
Roof | Shingle,Metal |
Construction Materials | Metal,Wood |
Electric | 220 Volts |
Tenant Pays | Electricity,Water |
Topography | Level,Steep Hill,Lot Grade Varies |
Location | Commercial,Public Transportation Nearby,Rural,Shopping Center Nearby |
Business Type | Retail,Storage |
Business Name | Mountain Storage |
County | Yuba |
Property Type | BusinessOpportunity |
Building Features | Outside Sign,Rest Room(s)-Private,Storage |
Close Price | 0.0 |
Status | Active |
Directions | Mountain Storage is located next to Gold Eagle Market on Willow Glen Rd. in Brownsville,CA. |
City | Brownsville |
Zoning Description | A/RR |
MLS Area | 12506 |
Lot Size Square Feet | 55321.0 |
Lease Type | Net |
Street Name | Willow Glen |
Property Condition | Exterior-Good,Yard Fenced,Yard Gravel,Yard Paved,Interior-Good |
Lease Renewal Y/N | No |
Standard Status | Active |
Interior Features
Walls | Metal,Wood |
---|---|
Flooring | Linoleum |
Street Suffix | Road |
Exterior Features
Parking Features | Off Street |
---|---|
Lot Features | Low Maintenance,Landscape Front |
Water Source | Water District |
Total Parking | 10.0 |
Foundation Details | Slab |
Building Area Total | 0.0 |
Lot Size Acres | 1.27 |
Lot Size Source | Assessor Agent-Fill |
Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool