This Industrial Property is Off-Market.

1844 South Cherry Street
Fresno, CA 93721 ·

188,035 SF · Industrial For Sale

N/A

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Extra Space Storage

Price N/A Cap Rate 11.90%
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

Description

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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1844 South Cherry Street, Fresno, CA 93721 (Fresno County)

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