Strategic Location – Situated in Prineville, OR this property benefits from the city’s central location and easy access to regional amenities and transportation routes. Prineville’s combination of economic growth, stable demographics, affordability, and strategic location makes it an ideal market for self-storage offering strong long-term investment potential.
Functional Self-Storage Facility – This ±38,164 SF. storage facility offers a total of 279 non-climate-controlled units. The facility offers a variety of storage units including drive-through units and shipping containers to cater to both residential and commercial clients.
Additional Revenue Potential – The facility presents an opportunity to generate additional revenue by implementing a tenant insurance program. By offering insurance options to renters, ownership can create a new, recurring income stream while providing tenants with added protection for their stored belongings.
Strong and Stable Occupancy – The facility has consistently maintained high occupancy levels, demonstrating strong demand for self-storage in the market.
Recent Capital Improvements – Newly implemented gate system with keypad access, providing the opportunity for a buyer to implement a remote management system.