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22030 Rock Creek Rd, Sheridan, OR, 97378

TNT RV Toy Storage
$2,000,000

Key Information

Cap Rate
7.73%
Lot Size
3.5 Acres
Type
Self Storage

Highlights

  • Optimized Rate Model: Owner charges for $3 per linear foot for outdoor parking & $6 per linear foot for indoor parking, to maximize revenue across 3.5 acres (152,460 SF)
  • Covered/Enclosed Revenue Base: 4 buildings (60’ x 120’ each) configured for enclosed parking with soft doors
  • Functional Shop/Industrial Component: 4,200 SF multi-use warehouse/shop with office + loft + bathroom. 60’ bay, 36’ commercial pit, 40’ bay, overhead crane, lift, and 3-phase power. Currently owner-occupied (potential for upside), has potential use for RV repair business, other SBOs, etc.
  • Ancillary Income Implementation: No existing ancillary income streams in place such as tenant insurance, admin fees, merchandise, etc.
  • Expansion + Management Upside: Potential for the addition of new structures such as additional enclosed parking and/or mini-storage, per existing zoning enclosed; onsite residency permitted (loft)

Photos

Location

Agents

Broker of Record

Tim Campbell

License # 950100171, 790100087 (OR)
Campbell Commercial Real Estate
1600 West End, Ste. 1500 Nashville, TN 37203