7965 State Hwy 99W, Gerber, CA 96035
$840,000
Property Type:
Investment
Lot Size (sq. ft.):
194,713
Status:
Closed
Current Price:
$840,000
List Date:
7/15/2022
Last Modified:
2/01/2023
Description
124 unit Mini Storage. Fully operational with very good income. Property comes with 2 living quarters. a 1 bedroom 1 bath attached to office and a 2 bedroom, 2 bath upstairs. Additional 2700 sqft three bay work shop with full bath and side car port. Additional unused acreage for future expansion of business or grow orchard with deeded ag water rights.
More Information MLS# 22-3576
Address Information
Street Number: 7965
Street Name: State Hwy 99W
Cross Street: Tehama Ave
State/Province: CA
Postal Code: 96035
County: Tehama
Property Description
Current Price: $840,000
Type: C
Area: 99 - Outside Area
List Price: 925000
Parcel Number: 063-160-026 & 063-160-008
Sq Ft - Building: 17000
Sq Ft - Lot: 194713
SqFt - Bldg Rentable: 17000
Lot Dim or Acres: 4.47 AC
GP Zone: TC R1-A-T-B:217 - Composite Cropland
Zoning: AND - C-1 - General Commercial
Year Built Desc: 30+
Remarks
Directions: State Highway 99W.
Contract Information
Status: Closed
Sold Date: 2022-10-21
Under Contract Date: 2022-08-19
Sold Price: $840,000
List Date: 2022-07-15
Commission SO: 2.5
Commission SO Type: %
Financial Info
Cap Rate: 6.5
Property Features
Business Type: Mini Storage
Present Use: Mini Storage
Parking: Private
Sale Inclusions: Business; Land
Exterior: Metal; Wood
Roof: Composition; Metal
Floors: Concrete
Owner Expenses: All; Electric; Garbage; Insurance; Water
Miscellaneous: Other
Utilities: Septic; Water
Heat/Cool: Evaporative
Available Terms: Cash to New Loan
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: Other
Listing Office: Better Homes Garden Real Estate - Results
Last Updated: February - 01 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.