Se Connecter/S’inscrire
Votre courriel a été envoyé.
1264 99 Hwy - Butte County Storage Portfolio (2 properties) Immeuble de 14 012 pi² • Spécialité • À vendre 3 474 975 $ CAD • Taux de capitalisation 7,21% • Gridley, CA 95948
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Expansion opportunity at Gridley and Biggs
- 2 rental homes on the Biggs site
- Open parking available
- Stable income with a history of strong occupancy - 87% economic occupancy
RÉSUMÉ DE L'ANNONCE
2 property self-storage portfolio.
1. 1264 CA-99, Gridley, CA - 18,063 NRSF
2. 2687 Highway 99, Biggs, CA - 14,048 NRSF
Stable investment with upside
• Overall, the properties are running at 12.4% economic vacancy. Physical vacancy is running close to 27%. We anticipate as the economy improves,
rents and occupancy will rise to a standard 10% economic vacancy. If 90% economic occupancy is achieved with a 10% rent increase, the
portfolio will generate a 8.65% CAP rate at the list price of $2,500,000.
• Gridley and Biggs properties feature ample room for expansion.
• Management of the properties is currently ran out of the Gridley location with remote help at Biggs. Many leases are executed digitally which alleviates the workload at the Biggs property.
• The Biggs location offers two apartment units - a manufactured home and a standalone single family home. This offers an investor diversity of
investment.
• Butte County
Nestled in Northern California, offers a diverse real estate landscape that spans urban, suburban, and rural settings. From the bustling college town
of Chico to the scenic foothills of Paradise and the historic charm of Oroville, the county presents opportunities for homeowners, investors, and
developers alike.
Residential Real Estate
Chico: The largest city in the county, Chico features a mix of single-family homes, townhouses, and student housing. Popular neighborhoods include
California Park, Nob Hill, and The Avenues.
Gridley & Biggs: Smaller towns with a rural feel, ideal for buyers seeking quiet living and larger lots.
• Butte County (continued)
Commercial & Investment Properties
Chico and Oroville host a variety of office, retail, and mixed-use spaces.
Vacant land is available throughout the county for agricultural, residential, or commercial development.
Land & Rural Properties
Butte County’s rural areas offer agricultural land, ranches, and large parcels for custom home building. Zoning varies widely, so buyers should consult
local planning departments for development potential.
Market Trends
Home prices in Chico and Paradise have seen moderate appreciation due to demand and rebuilding efforts.
Oroville remains one of the most affordable markets in the region.
Inventory is relatively tight, with new construction helping to meet demand in select areas.
1. 1264 CA-99, Gridley, CA - 18,063 NRSF
2. 2687 Highway 99, Biggs, CA - 14,048 NRSF
Stable investment with upside
• Overall, the properties are running at 12.4% economic vacancy. Physical vacancy is running close to 27%. We anticipate as the economy improves,
rents and occupancy will rise to a standard 10% economic vacancy. If 90% economic occupancy is achieved with a 10% rent increase, the
portfolio will generate a 8.65% CAP rate at the list price of $2,500,000.
• Gridley and Biggs properties feature ample room for expansion.
• Management of the properties is currently ran out of the Gridley location with remote help at Biggs. Many leases are executed digitally which alleviates the workload at the Biggs property.
• The Biggs location offers two apartment units - a manufactured home and a standalone single family home. This offers an investor diversity of
investment.
• Butte County
Nestled in Northern California, offers a diverse real estate landscape that spans urban, suburban, and rural settings. From the bustling college town
of Chico to the scenic foothills of Paradise and the historic charm of Oroville, the county presents opportunities for homeowners, investors, and
developers alike.
Residential Real Estate
Chico: The largest city in the county, Chico features a mix of single-family homes, townhouses, and student housing. Popular neighborhoods include
California Park, Nob Hill, and The Avenues.
Gridley & Biggs: Smaller towns with a rural feel, ideal for buyers seeking quiet living and larger lots.
• Butte County (continued)
Commercial & Investment Properties
Chico and Oroville host a variety of office, retail, and mixed-use spaces.
Vacant land is available throughout the county for agricultural, residential, or commercial development.
Land & Rural Properties
Butte County’s rural areas offer agricultural land, ranches, and large parcels for custom home building. Zoning varies widely, so buyers should consult
local planning departments for development potential.
Market Trends
Home prices in Chico and Paradise have seen moderate appreciation due to demand and rebuilding efforts.
Oroville remains one of the most affordable markets in the region.
Inventory is relatively tight, with new construction helping to meet demand in select areas.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
455 111 $
|
32,48 $
|
| Autres revenus |
33 363 $
|
2,38 $
|
| Perte due à l’inoccupation |
56 434 $
|
4,03 $
|
| Revenu brut effectif |
432 039 $
|
30,83 $
|
| Taxes |
41 283 $
|
2,95 $
|
| Dépenses d’exploitation |
140 149 $
|
10,00 $
|
| Total des dépenses |
181 431 $
|
12,95 $
|
| Revenu net d’exploitation |
250 608 $
|
17,89 $
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 455 111 $ |
| Annuel par pi² | 32,48 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | 33 363 $ |
| Annuel par pi² | 2,38 $ |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | 56 434 $ |
| Annuel par pi² | 4,03 $ |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 432 039 $ |
| Annuel par pi² | 30,83 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | 41 283 $ |
| Annuel par pi² | 2,95 $ |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 140 149 $ |
| Annuel par pi² | 10,00 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 181 431 $ |
| Annuel par pi² | 12,95 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 250 608 $ |
| Annuel par pi² | 17,89 $ |
FAITS SUR LA PROPRIÉTÉ
| Prix | 3 474 975 $ CAD | Sous-type de propriété | Entreposage libre-service |
| Prix par pi² | 108,22 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 5,94 AC |
| Taux de capitalisation | 7,21% | Taille du bâtiment | 32 111 pi² |
| Condition de vente | Ventes de portefeuille | Nombre d’étages | 1 |
| Type de propriété | Spécialité | Année de construction/rénovation | 1976/2024 |
| Zonage | COM - Storage | ||
| Prix | 3 474 975 $ CAD |
| Prix par pi² | 108,22 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,21% |
| Condition de vente | Ventes de portefeuille |
| Type de propriété | Spécialité |
| Sous-type de propriété | Entreposage libre-service |
| Classe d’immeuble | C |
| Taille du lot | 5,94 AC |
| Taille du bâtiment | 32 111 pi² |
| Nombre d’étages | 1 |
| Année de construction/rénovation | 1976/2024 |
| Zonage | COM - Storage |
COMMODITÉS
- Accès contrôlé
- Affichage
1 1
1 de 12
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
1 de 1
Présenté par
1264 99 Hwy - Butte County Storage Portfolio (2 properties)
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.