Listing Summary
Obsidian Self Storage, located at 16680 Box Way, La Pine, OR 97739, offers a prime investment opportunity with an enticing price of $775,000. Built in December of 2022, this modern facility includes 51 well-designed units within 5,360 sq. ft. of enclosed space.
Full Description
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
Obsidian Self Storage, located at 16680 Box Way, La Pine, OR 97739, offers a prime investment opportunity with an enticing price of $720,000. Built in December of 2022, this modern facility includes 51 well-designed units within 5,360 sq. ft. of enclosed space. Currently, it maintains a strong 84% occupancy rate, leaving ample room for growth.
Situated on a spacious 0.43-acre lot, Obsidian Self Storage consists of four single-story buildings, providing convenience and accessibility. The property boasts a cap rate of 6.06% and an attractive price per sq. ft. of $134.33.
Located just 30 minutes south of Bend, Oregon, in scenic Deschutes County, Obsidian Self Storage benefits from its strategic position in an area known for outdoor recreational activities, ensuring steady demand. Additionally, there is room for rent optimization, offering the potential for increased income, making it an attractive investment opportunity. Obsidian Self
Storage is equipped with modern management tools, enabling remote management and online rentals through advanced software, streamlining operations.
Obsidian Self Storage is a compelling investment in La Pine, Oregon, suitable for both experienced investors and first-time buyers. Its strategic location, contemporary facilities, and income growth potential make it a valuable addition to any portfolio. Don't miss this opportunity to secure a promising investment.
Quick Glance
- Listing ID:
CL-Oregon-12827
- Status:
Active
- Year Build:
2022
- Building Size:
5,360 SqFt
- Lot Size:
N/A