101 H St - River Storage 20,000 SF Specialty Building Offered at $2,150,000 at a 5.30% Cap Rate in Isleton, CA 95641

Storage income runrate now $19,000+ a month. The 2 bd 2 bath apartment with open beam ceiling that overlooks sac river would generate 4K/month airbnb. There is plenty of room to add 100 more containers.
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This is a mixed-use property with riverfront on the Sacramento River (about 80' wide strip). The property has a 5,000 square warehouse currently used to park boats and cars, thirty-three 20' storage containers, 20 added February of 2024 and filled, 106 storage units (from 5*5 to 10*20) , Eight storage units 12' by 34" by 14 feet high, these have been used by owner operator for five years, plus room to park~50 vehicles.
This site is operated by Self Storage Management of California (SSMC) so it can be a turnkey investment as a storage facility. No cap ex. Minimal expenses.
New Income line item coming online, daily truck parking via Truck Parking Club. Trucks enter from the adjacent parcel to an unfenced part of River Storage that can daily park ten (10) 70 foot big rigs.. This should hit close to $2,000 a month, with no incremental expense.
Are you a developer? There are also plans for a 47 unit complex to be constructed with storage containers (20' 40' 55'), development time under one year $2,000,000 to buildout, 40K a month NOI..
Call Mark at 209-270-7891 for access to due diligence materials. Please text me first that you are calling.