Pleasant Valley & Cool Mini Storages
Sacramento Metropolitan Area
Executive Summary
Summary
- Price $2,525,000
- Cap Rate 7.11%
- Cool RV & Boat Storage 1053 Northside Drive, Cool, CA 95614
- Pleasant Valley Mini Storage 4546 Pleasant Valley Road, Placerville, CA 95667
- Rentable Square Feet 39,330 sq.ft.
- Acreage 4.83
- Number of Units 107
- Number of Buildings 2
- Price Per Rentable Sq. Ft. $74.24
- Year Built 2004, 2011
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
Situated within the Sacramento - Roseville - Folsom Metropolitan Statistical Area, Pleasant Valley Mini Storage at 4546 Pleasant Valley Road, Placerville, CA 95667, and Cool Boat and RV Storage at 1053 Northside Drive, Cool, CA 95614 collectively form a robust investment portfolio.
With a combined pricing guidance of $2,925,000, the properties boast impressive features, including full occupancy, below-market rents, and a median household income exceeding $84,000. Pleasant Valley Mini Storage was constructed in 2004 and offers 4,620 sq. ft. of enclosed storage, 4,800 sq. ft. of vehicle parking, and a 1,200 sq. ft. home on 1.07 acres. Cool Boat and RV Storage was constructed in 2011 and consists of 3,750 sq. ft. of enclosed storage, 24,960 sq. ft. of vehicle parking, and open land rented to PG&E, all on 3.76 acres.
Both properties feature single-story buildings made of metal and wood, benefit from convenient freeway access, and are in areas with strong demand averaging 3 square feet per capita. With expansion potential and a thriving local economy supported by over 2.6 million residents, this two-property portfolio presents a compelling investment opportunity in the dynamic Sacramento metropolitan region.
