Real estate listing preview #1
listing
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CommercialSold
List Price $899,000
Sold Price $875,000
100 Railroad Avenue
Suisun City, CA 94585
Listed by: Torben Yjord-Jackson from eXp Realty Of California, Inc, (415) 259-8088 Sold by Cody Nguyen, Intero Real Estate Services
29,375Sq Ft
Est. Mortgage
$4,740/mo

Successful 40-space outdoor RV & Boat storage investment opportunity for sale at 100% occupancy. Property/business located within the SF Bay Area's developed I-80 corridor, surrounded by long-standing residential, industrial, and retail developments. Remote management/onboarding with all tenants on auto-bill. 3 hours per month is required to manage aspects of the business/property. All carefully selected tenants' items are insured, registered, and maintained. All tenants have 100% pay-on-time track records. App-based security camera/alarm system with 24-hour recording, and remote viewing. A powered gate with a code ensures easy ingress/egress for tenants. The property is fenced, and secured with cameras, motion detection sirens, and razor wire. Centrally located, and right off the heavily trafficked Hwy 12. 4 minutes from downtown Fairfield and 6 minutes from I-80. $47,000 annual NOI. Two simple value-add opportunities have begun being implemented to increase NOI to $53,640

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Information courtesy of eXp Realty Of California, Inc is subject to verification and is not guaranteed.
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