Listing provided courtesy of Brandon Robinson of CALVARY REALTY INC. Last updated 2024-10-31 09:44:02.000000. Listing information © 2024 Sandicor.
Asking Price: $11,400,000
183 Austin, Manteca CA 95336
Community:
This Warehouse property was built in 2022 and is priced at $11,400,000. Please see the additional details below.
The Elite Storage Group of Calvary Realty is proud to present Austin Road Self Storage, a premium Class-A storage facility. Positioned within the growing Stockton-Lodi Metropolitan Statistical Area, this facility is strategically located near major highways and new residential developments, including a 797-home Lennar community. The property spans 2.76 acres and offers 48,650 rentable square feet of storage space across 373 units, with a current physical occupancy of 85%. The modern construction features nine metal and steel buildings designed for optimal functionality and tenant convenience, with all units offering drive-up access.
Austin Road Self Storage includes advanced security features, such as motion detectors, providing a safe and secure environment for tenants. Property has below-market rents for significant upside potential.
Priced at $11,400,000 with a cap rate of 3.05%, Austin Road Self Storage is well-positioned for long-term success and future appreciation.