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240 Tule Creek Rd 6,000 SF Specialty Building Offered at $408,888 at a 8.79% Cap Rate in Hayfork, CA 96041

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INVESTMENT HIGHLIGHTS

  • Investors have the opportunity to acquire an exceptional self-storage asset with high potential cash flow in the heart of California's Trinity County.
  • Investors have the opportunity to further increase cashflow through the expansion and development of the parcel's underutilized land.
  • Allows property owners to adjust rental rates in response to market demand and operational costs, promoting flexibility and revenue growth.
  • The subject property offers investors the potential for remote management through online software and outsourcing call centers.
  • 240 Tule Creek Rd also includes a single-family home, offering an opportunity for additional rental income or as a residence of an on site manager.
  • Call listing brokers for more information

EXECUTIVE SUMMARY

Hayfork Mini Storage is an exceptional 31 unit self-storage asset located in the thriving city of Hayfork, California.
The acquisition of this asset will provide an investor with a self-storage facility in an undersupplied local market with strong demographics. Additional upside can be attained through the expansion and development of the parcel's underutilized land.
The subject property features 30 self-storage units, consisting of approximately 6,000 square feet of net rentable space. 240 Tule Creek Rd also includes a 1,200 square foot barn, providing additional rental income. The subject property is situated on a large 3.26 acre parcel of land and features one single-story drive-up building with metal construction. Hayfork Mini Storage offers a range of modern amenities, including 24-hour surveillance and a remote access secured gate.
Hayfork Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in California. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash flow and simplie management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties. Self-storage is not subject to any local or state rent control laws.
Call listing brokers for more information

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $408,888
Price Per SF $68.15
Sale Type Investment
Cap Rate 8.79%
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 3.26 AC
Building Size 6,000 SF
No. Stories 1
Year Built 2015
Opportunity Zone Yes
Zoning C - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014-370-028-000
Land Assessment
$215,500 (2025)
Improvements Assessment
$137,440 (2025)
Total Assessment
$352,940 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 34162911

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 240 Tule Creek Rd, Hayfork, CA 96041

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