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Faits saillants de l'investissement

  • Passive Remotely managed Storage facility in high barrier to entry market
  • Advantage of No Rent Control in Self-Storage
  • Desirable Unit Mix
  • Strong Rental Demand
  • State-Of-The-Art Property Amenities

Résumé de l'annonce

Storwell-Barrett is a well-situated self-storage asset located at 16325 Barrett Ave in the thriving city of Morgan Hill, CA. Constructed in 1978, the subject property is situated on an expansive 0.81-acre parcel of land. The facility encompasses approximately 10,380 total square feet and offers 100% drive-up units with roll-up doors. Storwell-Barrett provides tenants with modern conveniences, including 24-hour surveillance and a secure gated perimeter with keypad access. The city of Morgan Hill, CA offers strong demand driven by its growing residential population and thriving business community. Conveniently positioned along U.S. Highway 101, the city provides excellent connectivity to San Jose, Silicon Valley, and the greater Bay Area, making it a strategic hub for both commuters and local businesses. Additionally, its central location and accessibility ensure consistent storage needs from both residents and enterprises. Storwell-Barrett presents an ideal investment opportunity for those looking to enter the California self-storage market. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

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Faits sur la propriété

Prix 3 716 631 $ CAD
Type de vente Investissement
Nombre de lots 1
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée Entreposage libre-service
Taille totale du lot 0,81 AC
Nombre d’étages 1
Zonage R-2 Med. Density Res.

1 Lot disponible

Lot

Prix 3 716 631 $ CAD
Prix par AC 4 588 433,50 $ CAD
Taille du lot 0,81 AC

Description

Storwell-Barrett is a well-situated passive, remotely managed self-storage facility located in a high barrier-to-entry market at 16325 Barrett Ave in the thriving city of Morgan Hill, CA. Constructed in 1978, the subject property is situated on an expansive 0.81-acre parcel of land. The facility encompasses approximately 10,380 total square feet and offers 100% drive-up units with roll-up doors. Storwell-Barrett provides tenants with modern conveniences, including 24-hour surveillance and a secure gated perimeter with keypad access. The city of Morgan Hill, CA offers strong demand driven by its growing residential population and thriving business community. Conveniently positioned along U.S. Highway 101, the city provides excellent connectivity to San Jose, Silicon Valley, and the greater Bay Area, making it a strategic hub for both commuters and local businesses. Additionally, its central location and accessibility ensure consistent storage needs from both residents and enterprises. Storwell-Barrett presents an ideal investment opportunity for those looking to enter the California self-storage market. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolio and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.

Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • 817-02-012
  • 817-02-013
Évaluation du terrain
2 106 091 $ CAD
Évaluation des bâtiments
1 417 826 $ CAD
Évaluation totale
3 523 917 $ CAD
  • ID d’inscription: 38311649

  • Date de mise sur le marché: 2025-11-03

  • Dernière mise à jour:

  • Adresse: 16325 Barrett ave, Morgan Hill, CA 95037

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