Property Listing No Longer Available for Sale

243 S Sierra Avenue $105000

Oakdale, CA

Others for Sale - $105,000


Property Info

CIMLS#864142
Location
  243 S Sierra Avenue $105000
  Oakdale CA
UpdatedMarch 20th, 2016
TypeOthers
Price$105,000

Property Description

Make 6+% Return on Investment while your COMMERCIAL LAND sits and appreciates at a centrally located downtown Oakdale. It sits inside the designated area for Oakdale's Annual Chocolate Festival and each year Oakdale's Chamber of Commerce uses my lot during the event which gets me free exposure/advertisement. Here are the information:<br />

===============<br />

- Annual Insurance: I have a $750 policy but there are $500-600 policies as well*<br />

- You'd be buying two 25'x100' lots totaling 5000 square ft - You'd be getting thirteen grandfathered self-storage units (totaling 1,800sf space)<br />

- Current Rents: $75-$69/20'x10' ... $60-$55/10'x10' ... $39/5'x10' - Occupancy rate: 92% as of end of January<br />

- Units & Their Sizes: Four 5x10, Two 10x10 & Seven 20x10<br />

- Property Tax will be 1% of assessed value + ~$50 in annual city charges/bonds*<br />

- Electricity Bill runs at $22-$30/month generally (depends on seasonal usage).<br />

- No monthly CAM charges! ... low maintenance, security lighted, etc...<br />

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View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4153454757-22281u566,91-0F2BE7D5FDE3/realestate.oodle.com___J4kU0t6PxYtkawkqbThWfsD0uw2YdD0g1fZNJIf3zN_gHU4QN-6toESgjqD0ylqM3eMH-01P3mI-ehMQXV-2qVU_d4OT_G8zrB0WzSibNX9e1xwi7CgwQvNopUJOd-Ob" rel="nofollow">here</a>


Financials



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