Bancap Self Storage Group, Inc., the “#1 Self Storage Broker in California,” recently announced that it has begun marketing and sales activities for the sale of Concord Self Storage and Coliseum Self Storage. The firm was selected as the exclusive listing broker for the two San Francisco East Bay Area properties.
Concord Self Storage is a huge single story property located along the 242 Freeway in Concord, California. The property offers tremendous visibility with nearly one half mile of freeway frontage on almost 8.7 acres of land. Concord is the largest city in Contra Costa County and is located approximately 30 miles east of the City of San Francisco.
The property has over 1,300 units in over 155,000 net rentable square feet. With a gross potential income of over $2.5 million per year, Concord Self Storage is truly a trophy property that also has significant upside potential.
Coliseum Self Storage is located just east of the 880 Nimitz Freeway and northwest of the Oracle Arena and McAfee Coliseum in Oakland. The single story property offers 600+ units on nearly 3 acres of land and includes amenities such as key-coded electronic gate access system, individual door alarms, and video surveillance cameras. Coliseum Self Storage combines a stable income with additional upside potential in a major East Bay city.
“This offering represents a unique opportunity to purchase two desirable properties with a huge gross potential income of over $3.6 million per year,” said Dean Keller, President of Bancap Self Storage Group.
The East Bay Area properties are offered together at $34 million. Additional information can be obtained at the company’s website at https://www.bancapselfstorage.com.
About Bancap Self Storage Group
Bancap Self Storage Group is the top selling broker of self storage facilities in California with over $1 billion in completed sales. The company has specialized exclusively in self storage properties for over 28 years. The firm has recently brokered several lender-owned “REO” properties, as well as several first-class high occupancy properties that were very profitable. The firm has also facilitated numerous self storage portfolio sales. For more information, please visit: https://www.bancapselfstorage.com