Turnkey Self-Storage Opportunity – Grants Pass, OR
497 SE H St, Grants Pass, OR 97526

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Price Reduced
1,685,000
NRSF
13,658
Grants Pass, OR
Stabilized
7.0% Cap Rate on Actuals and 7.5% on year 1 proforma
Income Stability - approximately 92% occupied
Excellent Condition - significant recent property upgrades, including all new roofs in 2022
Central Location – easy access for residents and commercial tenants alike
Turnkey Operations – dynamic web site and maintenance staff in place for easy turnover to new owner and optimized for remote management
Nearby Airport – direct flights from 8 major west coast cities

The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market the sale of this Self-Storage Opportunity in Grants Pass, OR.

Storwell Storage is a centrally located self-storage asset totaling 104 units and 13,658 net rentable square feet. The facility offers both drive up and interior units and is approximately 92% occupied.

Significant recent capital improvements include new paint, new roll-up doors, LED lighting upgrade, new key pad access controls, security cameras, re-skinning of the hallways and upgraded fencing. The Property is in turn-key condition for a new owner including a dynamic web site to handle unit rental and on-call maintenance staff.

Grants Pass is located on I-5 in Southern Oregon. The Property is located on the edge of a residential neighborhood blocks from downtown Grants Pass offering convenient access to commercial and residential tenants alike.

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