Successful outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Located within the SF Bay Area’s I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding, with all tenants on auto-bill. Traditionally, 2 hours per month is required to manage. All carefully selected tenants’ items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a pin code was installed in 2021, ensuring easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. Trailing 12 shows $45,000 in annual NOI. Two simple value add opportunities exist to increase NOI to $53,640.
Property Details
Price:
$1,149,000
MLS #:
322038221
Status:
Active
Address:
100 Railroad Avenue
Type:
Land
City:
Suisun City
State:
CA
ZIP:
94585
Lot Size:
29,377 sqft / 0.67 acres (approx)
Schools
Interior
Exterior
Fencing
Barbed Wire, Chain Link, Full
Lot Features
Area Lighting, Curb(s), Fire Hydrant(s), Security Gate, Shape Regular, Sidewalk(s), Sprinkler Irrigation, Storm Drain(s)
Financial
In Association
No
Utilities
See Remarks
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As a child, Maggie often saw that not everyone’s opinion was taken into consideration. She refuses to accept this when working with her clients. When Maggie is working with you to find a home, your needs are her number one priority. Even if you are unsure whether you will qualify right now, Maggie will sit down with you and create a plan, teach you about the home buying process, and make sure you understand what you need to do to qualify. Your voice as a first time home buyer is just as imp…
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Copyright 2022, Bay Area Real Estate Information Services, Inc. All Rights Reserved. Listing courtesy of Torben Yjord-Jackson at eXp Realty of California, Inc
100 Railroad Avenue
Suisun City, CA