33845 Highway 99E, Tangent
Available for purchase is a 24,000 square foot self-storage facility located in Tangent, Oregon. This property is situated on a one-acre parcel and is priced at $1,370,000, corresponding to a 6.75% CAP rate on actuals.
The building offers 14,135 square feet of rentable space, composed of 116 units, and includes features such as an on-site manager’s office, automated gates, and seven parking stalls. The exterior of the facility has been recently painted along with a new composite roof.
Operating in a region with a consistent demand for storage solutions, this property generates a reliable revenue stream, making it a sensible investment opportunity. Interested investors should consider this turn-key operation as a valuable addition to their portfolio.