4190/4194 Highway 101 N

Tillamook, OR 97141

Tillamook RV Sales and Service (TMRV) - COMMERCIAL BLDG. & "FIELD OF DREAMS" STORAGE UNITS & STORAGE DEVELOPMENT PROJECT - This Development Project includes the 16, 700 Square Foot TMRV Sales & Service building, built in 2009 with large vehicle lifts and drive thru bays, the (25) existing oversized 14' x 46' storage units, built in 2019, (8) 14' x 40' units awaiting construction permits and (134) multi-sized units to be constructed on NWC of the property. Rare Opportunity to purchase quality built storage units on a well-located central Tillamook County Highway 101 location! Storage units deliver a guaranteed 8% return and provide onsite management for an extended period of time for the new owner. Check with brokers for full details. Also located on the Storage Property is a Park Model currently rented for $1, 350 per month. Seller will sell the TMRV Sales and Service Building separately for ($2M). The 33 units, is the First Phase storage unit purchase of $2.5M firm, with the $2.5M 2nd Phase balance due on when 50% occupancy has been reached, or as otherwise negotiated. Do check with Brokers for further details on this valuable acquisition opportunity and possibilities for price negotiations and terms for the 2nd Phase of the purchase. Front contiguous Hwy 101 SWC vacant lot also available. Property is outside of the area flood zone.

Listing courtesy of Valerie Schumann of Berkshire Hathaway HomeService Northwest Real Estate ?



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This content last updated on 2023-09-27 03:45 PM PDT.

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