1402 W Pico Avenue, El Centro, CA 92243

$22,000,000
List Price
$22,000,000
Status
ACTIVE
MLS#
CV22245949
Lot Size
202,118
Acres
4.64
Lot Location
LotOver40000Sqft
Days on Market
13
Property Type
Commercial
Property Sub Type
Office

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.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Brandon Robinson (Brobinson@CalvaryRealty.com) from Listing Office: CALVARY REALTY INC.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.