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369 E 3rd Street

Perris, CA 92570
  • $2,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: WS22120771
UPDATED: 35 min ago
$2,500,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Wilson Bang of Real Estates Unlimited (626-662-7168)


Description

Amazing opportunity to own an established self storage unit right in the heart of downtown Perris. Ideal use for additional storage for residents as well as a well kept spot to park additional cars or RVs. Main home in front office can be used for owner occupied or a live-in manager. Tremendous opportunity to improve vacancies!14,300 Square feet with an additional 6,860 Square feet of RV Parking, Net Rentable Square feet at 21,160!Apartment/Office Space estimated to be about 1150 SFCap rate at 4.46% at 57.66% economic occupancy rate with tremendous upside based on occupancy improvements

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-07T00:31:17.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/129551225
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369 E 3rd Street Perris, CA 92570

  • Price: $2,500,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 35 min ago
  • ID#: WS22120771
0
Beds
0
Baths
0
½ Baths
0.86
Acres
Neighborhood:
232 - Gavilan Hills
County:
Riverside
Area:
232 - Gavilan Hills
Property Description
Amazing opportunity to own an established self storage unit right in the heart of downtown Perris. Ideal use for additional storage for residents as well as a well kept spot to park additional cars or RVs. Main home in front office can be used for owner occupied or a live-in manager. Tremendous opportunity to improve vacancies!14,300 Square feet with an additional 6,860 Square feet of RV Parking, Net Rentable Square feet at 21,160!Apartment/Office Space estimated to be about 1150 SFCap rate at 4.46% at 57.66% economic occupancy rate with tremendous upside based on occupancy improvements
Exterior Features

Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN Yes Building Name Perris Mini Storage Business Type Storage Cap Rate 4.46 Common Interest None Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Limited Service Net Operating Income 111460 Property Sub Type Special Purpose Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-07T00:31:17.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Wilson Bang of Real Estates Unlimited (626-662-7168)