Located in beautiful Mount Shasta, Stor UR Stuff offers an excellent opportunity of a
growing market area
income growth potential
.The facility currently consists of
144 self storage units
, totaling 14,872 net rentable squarefeet. Fourteen of the 144 units were recently added in 2003-2004. Demised into 6 single storymetal buildings, Stor Ur Stuff is situated on 1.7 acres of beautiful scenic property. Just recently,
30brand new self storage lockers
were added to the facility in December and currently rent for $10 per locker. Stor UR Stuff is the only facility in the area to offer locker storage. Access to thefacility is through an electronic gate system (PTI keypad & software system) and there is a threeintercom-speaker system setup connecting the office, gate and main house all together.In addition to the storage facility, there is an
2 bedroom Mobile Home
. The two story A-Frame home boasts 1,852 square feetand was recently appraised for $385,000. The office and 1 bedroom caretaker’s apartment is 750square feet and could offer the new manager a comfortable place to live and work. The furnished720 square foot studio/office loft sits above an oversized garage. The garage could easily be turnedinto an additional unit. There is also a 2 bedroom, 500 square foot trailer next door to the office, perfect for a handyman or rental. All 4 of these living/working quarters could be rented anywherefrom $35,000-$40,000 per year and could offer the new owner/manager a residence on the property.
FUTURE GROWTH / EXPANSION
This owner occupied self storage business offers a great opportunity for future growth anddevelopment. For over 6 years, Stor UR Stuff operated a U-Haul business which generatedanywhere from $24,000 to $30,000 per year. Because of the mass amount of business and notenough staff, the owner unfortunately had to discontinue her U-Haul service. The new owner though could start the U-Haul business once again, as it is already advertised in Stor UR Stuff’syellow page ad, which generates many U-Haul related phone calls daily.Within the facility there is additional room to ad 5-10 extra auto/RV spaces and 10 cargocontainers, adding around $12,000 to the gross income. The owner also sells cargo containers, asthere is always a need for portable storage and is the only one within the area, with an establishedcargo business. The income generated from this business is unlimited.Acquiring the land next store, which is currently listed for $200,000 would enable the newowner to either
add additional RV storage
(which is needed in this community),
more self storage units, portable storage units or extra area to market cargo container sales
. On the1.77 acres of land is already a 1,260 square foot office and workshop, perfect for the U-Haul business. The land is ready for development and zoned (M-M) for a large/mini storage facility,along with many other uses.