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Call for offers deadline: Monday, August 7, 2017. This value-add opportunity is located at 9660 Arlington Avenue in the city of Riverside, CA, the 12th largest city in California.
Arlington Self Storage consists of 42,135-square feet of enclosed storage divided into 403 units and one 420-square foot parking space. This single-story facility sits on 2.23 acres and there was a 5,200-square foot expansion and rent raise in March of 2017.
The property is currently 86% occupied in a market with an average occupancy of 97%. Additionally, the property has frontage on one of the busiest streets in the area with a daily traffic count above 25,000 vehicles. The full marketing package and financial information are available upon receipt of the signed confidentiality agreement.
|Property Type:||Traditional Site|
|Building Size:||42,135 Sq Ft|
|Ceiling height:||9 Ft|
|Rentable Square Feet:||42,135 Sq Ft|
|Number of Units:||404 Unit(s)|
|Room For Expansion||Yes|
|Days Listed:||10 Days|
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