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1785 Ocean Blvd NW - Monarch Mini Storage 18,393 SF Specialty Building Offered at $2,700,000 at a 7.43% Cap Rate in Coos Bay, OR 97420
Investment Highlights
- High barrier to entry into the market
- Consistently high occupancy levels
- Good upside potential using technology to increase rents and drive down costs
- In 2025 Coos Bay City Council approved a moratorium against the construction of additional self storage inside the city limits
- Spring, 2026 - 100% roof replacement in the past 24 months
Executive Summary
Fully-occupied self-storage investment in Coos Bay, Oregon.
Property Facts
| Price | $2,700,000 | Building Class | C |
| Price Per SF | $146.79 | Lot Size | 1.21 AC |
| Sale Type | Investment or Owner User | Building Size | 18,393 SF |
| Cap Rate | 7.43% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1991 |
| Property Subtype | Self-Storage | Opportunity Zone |
Yes
|
| Zoning | C-2 General Commercial | ||
| Price | $2,700,000 |
| Price Per SF | $146.79 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.43% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 18,393 SF |
| No. Stories | 1 |
| Year Built | 1991 |
| Opportunity Zone |
Yes |
| Zoning | C-2 General Commercial |
Property Taxes
| Parcel Number | 1000351201 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $805,380 |
Property Taxes
Parcel Number
1000351201
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$805,380
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1785 Ocean Blvd NW - Monarch Mini Storage
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