Development

5920 Cherry Glen Rd - Vacaville, CA  95688

ATTENTION SELF STORAGE INVESTORS: Here's your opportunity to joint venture with a seasoned storage developer/builder who has built over 1,000,000 square feet of storage in Northern California. This is a ground up opportunity into the hottest and highest returns on investments in the commercial property sector. We are looking for a 50% joint venture partner who is willing to invest $1,300,000 in the building of 97,600 NRSF in Vacaville, Ca. The (6) acre site is located directly on Hwy 80 west of Vacaville. Great visibility and traffic counts over 180,000 cars a day. Eight (8)% priority returns plus cash flows after built and over 3.7X return of equity in 5 years. Internal rates of return are over 35%+ for five years. Investment can be staged in various amounts thru 2019. Investor will be required to sign on the construction loan with builder/developer. See attached investor memorandum. Brokers can receive a placement fee for "Qualified Investors".

Price Undisclosed
Property Type:
Development 
Status :
Available 
Climate Control:
8,500 Sq Ft
Rentable Square Feet:
97,600 Sq Ft
Lot Size:
261,360 Sq Ft
Acreage:
6.00 Acres
# of Floors:
2 Floor
Number of Buildings:
8 Bldg(s)
Number of Units:
567 Unit(s)
Room For Expansion
No
Cap Rate:
7.00 %
Days Listed:
24 Days
Updated:
12/18/18 
Broker:
Seaview Financial 

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