Compelling investment opportunity for developers and investors with this established storage facility to enter or expand within the self-storage sector. The property currently operates 50 units that are fully rented, providing immediate cash flow from an existing tenant base. The location is ideal as it is near the California Shoreline of Lake Havasu making the demand for storage high with boaters and offroad enthusiast needing places to store their toys. What distinguishes this opportunity is the expansion potential already in place. The property has previously received approval for an additional 80 units, which would potentially more than double the current capacity but would still need the proper updated approvals. The adjacent lot is also available for purchase, offering further development possibilities for those interested in creating a larger storage complex. This additional land provides flexibility for various expansion scenarios depending on market demand and investment strategy.
Based on the average sale price from the Temecula, CA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
12555 Havasu Lake Road Needles, CA is a Single Family Home for sale at $2300000 with 22835 sqft and a lot size of 3.96 Acres Acre(s). 12555 Havasu Lake Road Needles has 0 bedrooms, 0 baths and was built in 2008. The property's zip code is 92363 which is in Needles, CA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.