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25657 Redwood Hwy
Cave Junction, OR 97523
A+ Self Storage · Specialty Property For Sale · 35,300 SF

INVESTMENT HIGHLIGHTS

  • Highly visible location fronting Hwy 199
  • 80% economic occupancy provides upside potential
  • Thriving area for outdoor enthusiasts, tourists, wineries and agriculture
  • 245 units totaling 28,050 rentable square feet
  • Several new commercial projects are under construction nearby
  • Nearby airport with direct flights from 8 major west coast cities

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 1.74 AC
Building Size 35,300 SF
No. Stories 1
Year Built/Renovated 1986/2005
Zoning C

AMENITIES

  • Property Manager on Site

ABOUT 25657 REDWOOD HWY , CAVE JUNCTION, OR 97523

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale A+ Self-Storage in Cave Junction, OR. A+ Self-Storage is a 245-unit facility totaling 28,050 rentable square feet on approximately 1.7 acres of land. The facility offers single-story drive-up units with an average unit size of 126 SF as well as uncovered vehicle parking spaces. With a physical occupancy rate of approximately 87% and an economic occupancy rate of approximately 80%, the property provides additional upside through occupancy gains as well as rental increases. The construction of a gas station, car wash, and convenience store can be seen across Highway 199, and just to the north, a 60 unit KOA RV Resort is under construction. The town of Cave Junction is located in the southern Oregon Illinois Valley, approximately 50 miles from Crescent City, California, and 30 miles from Grants Pass, Oregon. Rouge Valley International Airport is located nearby and offers direct flights from Los Angeles, Phoenix, Denver, Las Vegas, Salt Lake City, San Francisco, Portland, and Seattle. A+ Self Storage offers stable cash flow with upside potential through occupancy gains and rental increases. The property may also benefit from a remote management structure, reducing operating expenses. Additionally, an onsite apartment could be renovated and leased or converted to storage units, further enhancing revenue.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R329647
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,137,910
  • Listing ID: 29155485

  • Date on Market: 8/1/2023

  • Last Updated:

  • Address: 25657 Redwood Hwy, Cave Junction, OR 97523

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