6403 Frazier Mountain Park Road, Frazier Park, CA 93225

$750,900 Approx. USD 0 beds, 0 baths
10,496 sqft

Agent Remarks

1.18 ACRES / 70 STORAGE UNITS / NO VACANCIES PLUS 1200 sq. ft., 3 bedroom, 2 bath house with 2 decks and Green House / TUFF Shed with water & power / Storage Building / Water Tank (for fire suppression). Investment opportunity, fully rented with waiting list, self-storage facility serving the mountain communities. Located almost mid-way between Frazier Park and Pine Mountain Club, successfully managed since the 1978. Fully fenced self-storage area, well-lit, paved parking lot and access to units, with video surveillance for security. 30 units, 10 ft. x 20 ft. and 40 units, 8 ft. x 10 ft. Units have roll-up door, concrete floor, metal roof, and metal siding. There is 9,200 square feet of rentable storage space, currently at low rents, excluding the 1200 sq. ft. home. Annual income at current low rental rates $82,800 per year; estimated annual with modest increase $93,000. House is a stick-built modular home from American Home Industries formerly in Bakersfield built in 1979 with permit. The home has a laundry room, evaporative cooler, window air conditioner in loft, kitchen with gas stove, refrigerator, tile counters, updated baths, living room with wood burning stove, two-sided deck with greenhouse.

Listing Details

Property type: (Commercial)
Status: Active
MLS# CV16166763
List price is $750,900 Reduced by $25,000 on 8/10/2016
Beds: 0
Baths: 0
Built in 1979
10,496 sqft
1.18 acres
Lot size: 51401.000
County: Kern
Heating description: Fireplace,Natural Gas,Wood
MLS area: LWDS - Lake of the Woods

Last Updated: 8/10/2016

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This listing belongs to the LWDS - Lake of the Woods MLS area

Lat/Long: 34.819630, -118.990776.
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Broker: Courtesy of REWARDS REALTY
Listing Agent: WAYNE BISE

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