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100 Railroad Avenue

Suisun City, CA 94585
  • $1,149,000
  • STATUS: Active
  • ON SITE: 4 Days
  • ID#: 322059724
New On Site 4 Days Ago
UPDATED: 70 min ago
$1,149,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Successful outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Located within the SF Bay Area's I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding, with all tenants on auto-bill. Traditionally, 2 hours per month is required to manage. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a pin code was installed in 2021, ensuring easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. Trailing 12 shows $45,000 in annual NOI. Two simple value add opportunities exist to increase NOI to $53,640.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Marketplace. Data last updated: 2022-06-28T19:56:59.897.
www.mynorthbayhomesearch.com/homes/130178079
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100 Railroad Avenue Suisun City, CA 94585

  • Price: $1,149,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 70 min ago
  • ID#: 322059724
0
Beds
0
Baths
0
½ Baths
0.67
Acres
Neighborhood:
Suisun 1
County:
Solano
Area:
Suisun 1
Property Description
Successful outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Located within the SF Bay Area's I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding, with all tenants on auto-bill. Traditionally, 2 hours per month is required to manage. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a pin code was installed in 2021, ensuring easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. Trailing 12 shows $45,000 in annual NOI. Two simple value add opportunities exist to increase NOI to $53,640.
Exterior Features

Parking Total 40 Road Frontage Type City StreetFreeway ExposureHighway ExposureIs Accessible

Interior Features

Floor 0

Property Features

Auction No Availability Date 1800-01-01T00:00:00 Business Type Storage Current Use Other Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 99.99 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Sub Type Warehouse Property Type Commercialsale Retail Sq Ft 0 Warehouse Sq Ft 0

Listing information © 2022 Bay Area Real Estate Information Services.
Listing courtesy of Torben Yjord-Jackson of Exp Realty Of California, Inc.


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Marketplace. Data last updated: 2022-06-28T19:56:59.897.
 
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