8448 Cypress Ave
Fontana, CA 92335
Ace Mini Storage · Specialty Property For Sale · 19,024 SF

John 11:25-26 | Jesus said to her, "I am the resurrection and the life. He who believes in Me, though he may die, he shall live. And whoever lives and believes in Me, shall never die. Do you believe this?" Ace Mini Storage is a value add investment opportunity in the city of Fontana, CA. The property has suffered from management and maintenance issues and is being offered at a discount. Asking price is only $1M which is below both the replacement cost and assessed value of $1.1M. This single story facility consist of 19,024 square feet of enclosed self storage divided into 194 units. All units have drive up access with metal roll up doors. The facility is only 50% occupied in a market where competitors are above 90%. Rents are also below market by 10%-20%. The property is located at the corner of Cypress and Arrow Route; just 1 mile south of Foothill Blvd. Property comes with an on-site office, apartment, and electronic gate. Due to the physical and financial condition of the property, financing this asset will be an issue. This deal is best suited for a "Cash Buyer" who wants a discounted property with upside. At full potential this property will be worth $1.5M to $2M. Marketing Package Available Upon Request.