21205 Fulquartz LndgDundee, OR 97115

  • Industrial properties
  • 0.99 AC
For Sale
$1,150,000 View listing

Property Details for 21205 Fulquartz Lndg

Year built
2022
Lot size
0.99 AC
Property type
Industrial properties
Property subtype
Self storage facilities

Description

This exceptional turn-key RV and boat storage business, located at 21205 SE Fulquartz Landing in Dundee, Oregon (97115), presents a lucrative investment opportunity. Built in 2022 on a 0.99-acre lot zoned for light industrial use, this single-story facility boasts 52 units, offering a mix of 24 covered and 28 uncovered spaces. The covered area, measuring 7,500 square feet (150ft x 50ft), provides power hookups for stored vehicles. Uncovered spaces are adaptable to accommodate various RV and boat sizes, with a maximum length capacity of 50 feet. The property features 24-hour access, security cameras, and a fully fenced perimeter for enhanced safety and peace of mind. The business utilizes StorEdge for remote customer sign-ups, streamlining operations. Currently operating at a 44% occupancy rate, this business offers significant growth potential. The asking price is $1,150,000, representing a $22,115.38 price per unit and a 6.15% cap rate with a NOI of $70,780. This sale excludes the existing business name and branding. The property's convenient location near Highway 99W, between Portland and McMinnville, provides easy access for customers in the heart of the Willamette Valley Wine Country. This is an owner/user investment opportunity with strong potential for increased profitability.

21205 Fulquartz Lndg, Dundee, Oregon

Location Insight

City
Dundee
County
Yamhill
State
Oregon
Latitude
45.2631
Longitude
-123.019

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