This property is Off-Market
1844 South Cherry Street
Fresno, CA 93721 ·
188,035 SF · Industrial For Sale
Extra Space Storage
|Building Size||188,035 SF||Tenancy||Single|
|Property Type||Industrial||Year Built||1908|
|Property Sub-type||Self/Mini-Storage Facility||Lot Size||5.52 AC|
|Property Use Type||Investment|
|Listing ID: 13284812||Date Created: 09/10/2001||Last Updated: 03/01/2002|
Bancap Self Storage Group, Inc. is pleased to present this self storage investment opportunity in Fresno County, California.
This investment is offered at a 9.3% cap rate based upon the April-June 2001 annualized proforma operation and an 11.9% cap rate based upon the proforma annual.
The property is for sale at $17.55 per square foot, which is below replacement cost.
Extra space Storage is located at 1844 South Cherry Street in downtown Fresno. The property consists of approximately 188,035 net rentable square feet of self storage space currently demised into 1082 units.
The self storage facility is located in the City of Fresno, which is located in Fresno County.
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