4851 Highway 97 N
Klamath Falls, OR 97601
97 North Self Storage · Spécialité Propriété À vendre · 14 200 pi²

Merit Commercial Real Estate is pleased to exclusively present 97 North Storage, a multi-faceted, high-quality storage facility located in Klamath Falls, Oregon (the "Property"). The Property is located just north of Klamath Falls, and is currently the only facility in the region available for purchase. 97 North Storage is a well-maintained 97-unit self-storage facility benefiting from convenient highway access and strong visibility and oversized signage at the property entrance facing the highway. The exceptional location enjoys strong traffic counts of approximately 8,818 VPD and easy left/right access directly from the main thoroughfare of Hwy 97.
Consisting of three total buildings and a gravel yard for RV storage spaces on the excess land area, the Property enjoys the winning combination of ease of access and the right unit mix for today's tenant pool. As essentially a turn-key facility, the Property has extensive security, modern software and management systems, and newer, well-designed infrastructure. The facility includes 97 existing, conventional storage units, as well as several outdoor parking/storage spaces and two single-family homes included. The unit mix is diverse and appealing: 72 drive up units ranging from 5x10 to the largest 10x25 units, 25 climate-controlled units varying from 5x10 to 10x20 and additional 12x20 parking/storage spaces on the east end of the site. Prospective buyers should note that the Property's water supply is provided through a shared well, located on the southern end of the Property, serving both 97 North Storage and the adjacent parcel. The Property also has an on-site underground sewage holding tank system.
The opportunity is clear at 97 North Storage to step into an established storage facility with strong physical and economic occupancy, providing excellent cash flow with upside potential, all located in a stunning rural setting and a low-competition area. Buyer is responsible for any and all due diligence. Contact the listing brokers today for additional information.