Description
Investment Opportunity: High-Yield Business and Property with Consistent Cash Flow Discover a lucrative investment in the heart of Brownsville, CA. This property and business Mountain Storage, listed at $600,000, offers a compelling opportunity with a cap rate of 8.65% and an impressive occupancy rate of 99%. Boasting 40 fully occupied storage units and two flourishing storefronts with a hair salon and tire shop renting these locations, this investment promises both stability and growth potential. Property Features: 1. 40 Storage Units: All units are currently leased, catering to a diverse clientele seeking secure and convenient storage solutions. Various unit sizes accommodate the needs of different tenants. 2. 2 Storefronts: The property includes two well-maintained storefronts currently leased to thriving businesses. These established tenants contribute to the property's solid and consistent cash flow. 3. Strategic Location: Positioned in the center of Brownsville, the property benefits from high visibility and foot traffic. Easy access to major roadway and public transportation. 4.Solid Tenant Base: With an occupancy rate of 99%, the property enjoys a stable and diverse tenant base, minimizing vacancy risks and ensures a dependable income stream.
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0BEDS
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1.27ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Investment Opportunity: High-Yield Business and Property with Consistent Cash Flow Discover a lucrative investment in the heart of Brownsville, CA. This property and business Mountain Storage, listed at $600,000, offers a compelling opportunity with a cap rate of 8.65% and an impressive occupancy rate of 99%. Boasting 40 fully occupied storage units and two flourishing storefronts with a hair salon and tire shop renting these locations, this investment promises both stability and growth potential. Property Features: 1. 40 Storage Units: All units are currently leased, catering to a diverse clientele seeking secure and convenient storage solutions. Various unit sizes accommodate the needs of different tenants. 2. 2 Storefronts: The property includes two well-maintained storefronts currently leased to thriving businesses. These established tenants contribute to the property's solid and consistent cash flow. 3. Strategic Location: Positioned in the center of Brownsville, the property benefits from high visibility and foot traffic. Easy access to major roadway and public transportation. 4.Solid Tenant Base: With an occupancy rate of 99%, the property enjoys a stable and diverse tenant base, minimizing vacancy risks and ensures a dependable income stream.
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