Space Saver Mini Storage - Currently has 66 units on 5 acres. Seller has performed all preliminary development activities for approx 52,000 SF (325 units) of new Self Storage. Initial estimates for development are $2.2M. After development, and with 2 years stabilization at 80% occupancy, property to be valued at approx $4.2M. Excellent drive by traffic count on Hwy 101 and positioned for new 325 unit new Self Storage, plus significant Boat/RV Storage, potential gas station and potential motel.
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