For Sale
$2,525,000

4546 Pleasant Valley Rd Placerville, CA 95667

Two profitable storage facilities, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents two strategically located self-storage facilities in the thriving Sacramento metropolitan area. The portfolio comprises Pleasant Valley Mini Storage in Placerville (4546 Pleasant Valley Rd, 95667) and Cool Boat and RV Storage in Cool (1053 Northside Dr, 95614), totaling 39,330 square feet of rentable space across two single-story buildings constructed in 2004 and 2011. The properties sit on a combined 4.83 acres and boast 107 units with 100% occupancy, generating a current NOI of $179,576 and a pro-forma NOI of $239,427. This translates to a current cap rate of 7.11% and a pro-forma cap rate of 9.48% on an asking price of $2,525,000 ($64.20/sq ft and $23,598.13/unit). Both locations benefit from convenient freeway access and serve a dense population with strong demand, averaging 3 square feet per capita. Pleasant Valley Mini Storage features 4,620 sq ft of enclosed storage, 4,800 sq ft of vehicle parking, and a 1,200 sq ft home. Cool Boat and RV Storage includes 3,750 sq ft of enclosed storage, 24,960 sq ft of vehicle parking, and open land rented to PG&E. The properties feature electronic gates and lighting, long-term tenants, and below-market rents, presenting significant upside potential in a region with a median household income exceeding $84,000 and a population of over 2.6 million residents. This portfolio offers a compelling value-add investment opportunity with expansion potential.

Highlights

  • Two-property portfolio, 36 miles apart.
  • Secure entry with electronic gate and lighting.
  • 100% occupancy with long-term tenants.
  • Below-market rents offering upside potential.
  • $84,000+ median household income in the area.
  • High population density with strong demand (3 sq ft per capita).

Property Details for 4546 Pleasant Valley Rd

Property type
Warehouses, Mobile home & RV parks
Square Feet
39,330 SF
Class
B
Buildings
2
Stories
1
Lot Size (sq. ft)
210,395 SF
Units
107

Location Insight

City
Placerville
County
El Dorado
State
California
Latitude
38.682578285752
Longitude
-120.66318768306

FAQs

What type of property is this?
Warehouse - Two profitable storage facilities, high occupancy.
Where is the warehouse located?
The property is located at 4546 Pleasant Valley Rd Placerville, CA.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: Two-property portfolio, 36 miles apart.; Secure entry with electronic gate and lighting.; 100% occupancy with long-term tenants.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4546 Pleasant Valley Rd
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