Lincoln Storage – Vale, Oregon

Property Location

315 Glenn Street North
Vale, OR 97918

1507 US 20-26 Hwy
Vale, OR 97918

Download Marketing Package

investment highlights

  • STRONG REVENUE GROWTH // Over the last two years, revenue has increased 18 percent while maintaining occupancy in the mid to high 90 percent range. New ownership can continue to push rates and increase collected revenues for the foreseeable future.
  • LIMITED INVENTORY // The closest competitor to the property is 12 miles away. Lincoln Storage is the only storage facility in Vale, OR and has historically been very well occupied. The facility is currently 97 percent physically occupied and 96 percent economically occupied (March 2022).
  • OPERATIONAL UPSIDE // The facility is run completely remotely with no onsite presence. A new owner would benefit from implementing more dynamic revenue management and implementing a tenant insurance sales plan.
  • GOOD VISIBILITY // Located in the heart of Vale, Oregon, the property is located on Highway 20 and Highway 26 which combine for 7,200 vehicles per day.

 

Broker Information

Jordan Farrer

Senior Associate

Phone: 801.736.2643
Email: jfarrer@marcusmillichap.com
License: ID SP54637

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Adam Lewis

Broker of Record

Phone: 303.328.2050
Email: adam.lewis@marcusmillichap.com
License: OR 201209561

We're here for you. Let us know how we can help.

Contact The LeClaire-Schlosser Group