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525 S 9th St & K Street

Brawley, CA 92227
  • $750,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: CV22245862
New On Site 6 Days Ago
UPDATED: 52 min ago
$750,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Listing Agent(s): Brandon Robinson of Calvary Realty Inc (760-534-8135)


Description

John 14:6 - Jesus said to him "I am the way, the truth, and the life. No one comes to the Father except through Me.The Calvary Realty National Storage Group is pleased to present this seller financed investment opportunity in the city of Brawley, CA. The city is home to nearly 27,000 residents and has 3 sq. ft. per capita of self storage space.The property consists of a mini storage with concrete block framing and metal doors; an on site apartment; an rv rental space; and a billboard.Storage rents at this facility are nearly 100% below the market!There is room to expand and add another 15-20 units to further improve income.Seller is offering very attractive financing with $150,000 down, 5% interest only, for a 12 month term. This gives the new owner plenty of time to improve operations and refinance to pay-off seller carried note.With a full price offer, owner would be willing to defer loan payments for 3 months.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134966126
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525 S 9th St & K Street Brawley, CA 92227

  • Price: $750,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 52 min ago
  • ID#: CV22245862
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1975
Built
Neighborhood:
BRAW - Brawley
County:
Imperial
Area:
BRAW - Brawley
Property Description
John 14:6 - Jesus said to him "I am the way, the truth, and the life. No one comes to the Father except through Me.The Calvary Realty National Storage Group is pleased to present this seller financed investment opportunity in the city of Brawley, CA. The city is home to nearly 27,000 residents and has 3 sq. ft. per capita of self storage space.The property consists of a mini storage with concrete block framing and metal doors; an on site apartment; an rv rental space; and a billboard.Storage rents at this facility are nearly 100% below the market!There is room to expand and add another 15-20 units to further improve income.Seller is offering very attractive financing with $150,000 down, 5% interest only, for a 12 month term. This gives the new owner plenty of time to improve operations and refinance to pay-off seller carried note.With a full price offer, owner would be willing to defer loan payments for 3 months.
Exterior Features

Lot Features 36-40 Units/Acre Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSuburbanSidewalks Electric Expense 1000 Fuel Expense 1000 Garage YN No Gross Income 63077 Gross Scheduled Income 63077 Insurance Expense 1750 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 ExchangeOwner Will CarrySubmitUsda LoanVa Loan Net Operating Income 46477 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 16600 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 500 Water Sewer Expense 500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T23:29:49.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Brandon Robinson of Calvary Realty Inc (760-534-8135)