This off-market opportunity is currently in lease-up and approximately 37% occupied (as of March 10, 2021) with a projected as-stabilized NOI of $1,800,000 and an appraised as-is value of $20,000,000 in December of 2020 (appraised by CBRE). Stabilized value of $22 mm ++
Property is currently managed by on of the largest publicly traded self-storage REITs.
Available for $18,900,000 ($1.1 million below appraised value).
- Province / State: Oregon
- City / Town: Portland area
- Postal code / ZIP: 97223