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16680 Box Way
La Pine, OR 97739
Obsidian Self Storage · Specialty Property For Sale · 5,360 SF

INVESTMENT HIGHLIGHTS

  • New Construction
  • Remote Management
  • Online Rentals
  • High Barriers to Entry
  • Below Market Rents
  • Proximity to Outdoor Recreation Activities

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 0.43 AC
Building Size 5,360 SF
No. Stories 1
Year Built 2022
Zoning LPIND

ABOUT 16680 BOX WAY , LA PINE, OR 97739

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Obsidian Self Storage, located at 16680 Box Way, La Pine, OR 97739, offers a prime investment opportunity with an enticing price of $720,000. Built in December of 2022, this modern facility includes 51 well-designed units within 5,360 sq. ft. of enclosed space. Currently, it maintains a strong 84% occupancy rate, leaving ample room for growth. Situated on a spacious 0.43-acre lot, Obsidian Self Storage consists of four single-story buildings, providing convenience and accessibility. The property boasts a cap rate of 5.13% and an attractive price per sq. ft. of $134.33. Located just 30 minutes south of Bend, Oregon, in scenic Deschutes County, Obsidian Self Storage benefits from its strategic position in an area known for outdoor recreational activities, ensuring steady demand. Additionally, there is room for rent optimization, offering the potential for increased income, making it an attractive investment opportunity. Obsidian Self Storage is equipped with modern management tools, enabling remote management and online rentals through advanced software, streamlining operations. Obsidian Self Storage is a compelling investment in La Pine, Oregon, suitable for both experienced investors and first-time buyers. Its strategic location, contemporary facilities, and income growth potential make it a valuable addition to any portfolio. Don't miss this opportunity to secure a promising investment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
205432
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$308,630
  • Listing ID: 32473512

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 16680 Box Way, La Pine, OR 97739

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