Great Self Storage Investment property in Colusa, CA. This property sits on the city limits of Colusa and consists of an 8000 sq. ft. restored barn and 83 self storage rental spaces with room for growth. The barn has a 2 bedroom, 1 bath apartment that could be used as a rental or as on site management housing. The barn has several finished spaces inside that are ready to rent out with lots of room for additional ones to be added. The barn and immediate area around it have never been rented out as the owner used it for his personal antique business and personal residence. There is an automatic security gate that opens and closes as programmed. This property has a projected CAP rate of over 7% by renting out the barn and surrounding areas. It's a great time to move your money into a real property that generates a great return with minimal risk. A very unique property that has never been on the market. This great 2 plus acre parcel is fenced for security. The income potential is great, 23 fully enclosed units, 24 covered RV/Boar/Trailer spaces,36 open RV/Boat/Trailer spaces and the potential for 30-40 added units or spaces. Use your imagination great family business with cash flow. Located in a rural setting with lots of local growth. Near to Interstate 5, 45 minute's to the Sacramento International Airport, a short drive to to Vacaville and the Bay area
|Listing Agent||Donna Padula|
|Listing Office||eXp Realty of California, Inc.|
Listed by Donna Padula of eXp Realty of California, Inc.. Listing data last updated 7/1/2022 at 4:26 AM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/21/2022 8:12 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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