Rapid Self Storage – Tulare CA

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*Lead broker information is located within the offering memorandum. 

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

• Prime Opportunity to Acquire a Fully-Stabilized Self-Storage Facility Located in the Visalia-Porterville, California Metropolitan Statistical Area

• Acquisition Provides Significant Rate Growth Potential to Reach and Surpass Market Levels in an Under Supplied Area

• Facility Boasts Impressive 99 Percent Physical Occupancy

• Population Growth Rate Doubles the National Average in the Five-Mile Radius

• Renter-Occupied Homes Comprise 38.8 Percent of the Five-Mile Radius; Historically, Renters Utilize Self Storage at a Higher Rate Compared to Home Owners

• Well-Maintained Facility Demanding Low Cap-Ex Requirements Strategically Situated in a Densely-Populated Neighborhood

• Convenient Access from North J Street and West Prosperity Avenue, Resulting in a Combined Traffic Count of Over 18,600 Vehicles Daily

• Subject Property is the Only Self-Storage Facility Within the 1.5 Mile Radius

Address

1682 N J St, Tulare, CA, 93274

Price

TBD by Market

Pro Forma NOI

$324,501

Net Rentable Square Feet
42,480 NRSF
Lot Size

2.83

Unit Count
431
Year Built
1981
Status

Active

Engage With Us

100% of our firm’s time, effort, and energy are devoted to you and your goals as a seller. We guarantee that we will generate the highest price and best terms for your property that the market will bear at that moment in time.

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