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2340 Sierra Meadows Dr 47,776 SF Specialty Building Offered For Sale in Rocklin, CA 95677
Investment Highlights
- 433 Non-Climate-Controlled Units
- Significant Upside Through Bringing Below Market Rents Up to Market Rents
- No New Competition Planned or Under Construction in the Three-Mile Radius
- High Physical Occupancy of 90%
- Undersaturated Self Storage Market: 9.51 NRSF Per Capita Within a Three-Mile Radius
- Extremely Dense Population: 166,211 People Within a Five-Mile Radius
Executive Summary
Rare opportunity to acquire a well-positioned, income-generating asset in a market with tremendous demographics and an irreplaceable location. With 433 units and 47,776 rentable square feet, the property is expected to generate a current project NOI of $446,846.
Property Facts
| Sale Type | Investment | Lot Size | 2.46 AC |
| Property Type | Specialty | Building Size | 47,776 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | C | Year Built | 1983 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.46 AC |
| Building Size | 47,776 SF |
| No. Stories | 1 |
| Year Built | 1983 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 045-031-041 | Improvements Assessment | $1,609,717 |
| Land Assessment | $465,088 | Total Assessment | $2,074,805 |
Property Taxes
Parcel Number
045-031-041
Land Assessment
$465,088
Improvements Assessment
$1,609,717
Total Assessment
$2,074,805
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