Self Storage for Sale
2901 E. Pacific Coast Highway
Long Beach, California 90804

Price: $3,550,000

388 Units
31,045 sq ft
0.94 Acres

Gross Income: $412,652
Expenses: $156,886
Net Income: $257,876
Cap Rate: 7.26%
Occupancy: 93%

FOR SALE - SIGNAL HILL SELF STORAGE, LONG BEACH, CA Price $3,550,000, NOI $257,876, Cap Rate 7.26 % NRSF 31,045 (Self Storage), 10,040 (Parking) Occupancy 93% Economic 84% Built 2002

Martinez & Associates is pleased to present this self storage investment opportunity in Long Beach, CA. Signal Hill Self Storage was constructed in 2002 and sits on 0.94 acres of land in the 5th largest city in California. The project consist 40,085 Square Feet of storage space (31,045 SF Self Storage and 10,040 SF of parking) divided into 388 units.

Signal Hill Self Storage is located on Pacific Coast Highway and has a daily vehicle count of approximately 50,000 cars. The facility is just 2 miles north of the Pacific Coast as well. Signal Hill Self Storage is situated in a densely populated area with over 520,000 residents within a 5 mile radius. Annual 5% Rental Increases Becomes Effective October 1st, 2008.

FULL MARKETING PACKAGE AVAILABLE UPON REQUEST.

Brandon Robinson 909-581-6527 brandon@martinezandassociates.com

www.martinezandassociates.com

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