 846 Florence, Redding, CA 96001 List #08-1041 Updated spacious home with designer touches. Great corner lot with alley access to new 2 car garage, new privacy vinyl fencing, new tile in bathrooms, new wood floors, beautiful cabinetry, and new corian in kitchen. This is a doll house in the best location. Sparkles throughout. And, RV access. Appraisal on file… but show this; it will sell. Price reduced for a quick sale.
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This is a sale that has to happen…owner is out of country and said…”drop the price and sell it”.
This is a good commercial property….and can be a great investment. Consider it. $650,000!
Property Description:
This 171 unit makes money. Great mix of unit sizes, along with two houses, one of which could be the owners chalet viewing Mt. Shasta. Mgr’s office has small apartment attached. Six buildings, auto -RV parking areas, security gate, intercom and alarm systems. Lots of upside on this opportunity, and priced to sell, 2006 NOI of $121k could be increased with prof. mgmt. Both good condition houses could be year around or vacation rentals. Property has excellent financial history with a 2004 NOI of $134k. Facility also rented U-Hauls, which may be added now. This is a “sleeper” with lots of creative income possibilities. Photo album and financials available with listing ageent.
Location Description:
This is located between Mt. Shasta City and Weed in far Northern California, just south of the Oregon border on Interstate 5. The facility, with the 2 homes, are at the foot of Mt. Shasta, with majestic views of the Mountain. Mt. Shasta is 220 miles north of Sacramento on I5. Located on Truck Village Drive, the facility is ideally placed for maximum exposure to I5 and to the area.
www.ronlargent.com ronlargent@kw.com
Posted March 22, 2009 at 23:53 PM
GAS STATIONS FOR SALE IN CALIFORNIA
Thanks to the expansion of Keller Williams Realty to now have a Commercial Division within the Keller Williams Realty firm, ww now have KW Commercial. As such, we now have Commercial Agents in almost all of the Keller Williams Realty offices nationwide. To this end, we are now able to assist clients in their search for commercial properties throughout California, and even the nation. In California, we now have gas stations for sale that we are working on in the following cities from the southern part of the Central Valley up to the Oregon border. Stations are now available in”
Bakersfield, Fresno, Merced, Stockton, Modesto, Tracy, Sacramento, Davis, Woodland, Red Bluff, and Redding.
Branded include Shell, Chevron, 76, Texaco, and Valero, and the unbranded stations range from smaller stations listed at $800,000 up to the larger over $2,000,000.
For information, details, financials, photos, etc e-mail ronlargent@kw.com
www.gasstations4sale.net www.ronlargent.com
As a member of Shasta Voices, a numbe of folks have asked…what is it? So, here is the info:
“Shasta VOICES” is an independent private non-profit membership organization composed of informed citizens in Shasta County, California, working to create a thriving, vibrant, sustainable community that will improve everyone’s quality of life, making it a place where people want to live and work, now and in the future. We are not a political action committee, and do not support or endorse candidates.
Our expanded mission is to advocate for a balanced approach to issues affecting economic opportunity in both the incorporated and unincorporated areas of Shasta County. These include:
• Job Growth
• Fiscal Responsibility in Government
• Infrastructure
• Economic Vitality
• Affordable Housing
• Sensible Land Planning
• Future Development
Our organization will provide factual information aimed toward encouraging the creation of quality jobs while protecting the local and regional environment.
Let us represent you. While “Shasta VOICES” stands ready to lead, we don’t pretend to have all the answers. That’s why we are seeking your opinions and ideas about the central questions of sustainability and financial well-being.
We intend to amplify “a majority of voices” for a healthy community. We are here to assist businesses and individuals who themselves don’t find it convenient to take on causes that might seem politically incorrect.
www.ronlargent.com www.gasstations4sale.net ronlargent@kw.com
Commercial Real Estate for Sale in Redding, CA
Commercial Property for Sale in Redding, CA
Commercial real estate - commercial property for sale.
Price just reduced on 150 unit self storage/mini storage complex in Redding, CA. Great location and close in to downtown Redding on Interstate 5. A good money maker and for sale at new price of $650,000.
Ideal location for self storage for sale in Mt. Shasta, CA. Excelling condition and like new, with plans for expansion. Projected monthly income of $6,000 a month, with a lot of upside and growth opportunity. Listed at $595,000.
E-mail for call for details, photos, financials, etc.
ronlargent@kw.com www.ronlargent.com www.gasstations4sale.net
I wrote this in response to today’s article on Self Storage….and thought it might be of interest to others.
David…interesting article…both agree and disagree with your approach.
(1) Current situation is lower occupancy for some, but higher for others.
(2) Bottom line for their being, and staying, in business, is not even mentioned, and this is the most important fact. What occupancy do they need to break even?
(3) In California, and in the nation in general, self storage facilities are still one of the most attractive investments for income producing property investors. I currently have 6 buyers looking for facilities. The problem is, they are so profitable that sellers do not want to sell, and almost all that are on the market are on due to a family situation, retirement, or the seller buying a larger facility.
(4) Compared with other income producing properties, they are one of the best returns in the current market. Most well managed facilities will turn a profit at about the 60% occupancy rate, depending on the size of the entire facility. With self storage, your expenses are much more fixed and not nearly as variable as with other income producing properties.
(5) Having sold over a dozen self storage over the past few years, I am very familiar with the product and the industry. At a recent self storage trade show in Las Vegas, in their various seminars, the emphasis was on “improving the facility” for this will increase the occupancy and bottom line. In other words, competition is forcing the facilities to be better maintained, better security systems, better managed (now they have some of the most hi-tech accounting systems, allowing for instant analysis of your current income and expenses with every check in and out), and better marketed. To this end, and in this area, if you just look at the advertising, both in signage and on the internet…then look at who is filled, etc….this point is illustrated. There are a number of examples locally of each of these factors.
(6) I am very familiar with the Tarmac Road and Aspin Road properties….and they are making money. In fact, many of the local facilities, as was mentioned in your article, serve as storage space for businesses. For example, medical records, title company records, and almost all of the legal offices records must be stored. In Redding, we have two companies that are active in this, and the other users use the self storage facilities. All of the items in (5) above come into play. Because of the increasing volume of records, more and more businesses are using the self storage facilities. This aspect of self storage is where the growth is, and will be in the future.
All said, and why would you not expect anything else from me, I would have started your article with a positive “Self Storage Facilities Adapting to the Recession” and then I would have given Fierro more coverage, for they are not only successful but are impressively expanding, and less to Owens, for I can tell you that they are still making good money. Not that they are lower in their occupancy, which, again, may be tied in to #5 above….but it shows that with some bad can come along a lot of good.
Thanks, and feel free to call if you have questions about the industry. I have a nice older facility that is severly suffering from #5 above listed at $650,000 and then 2 in Mt Shasta….one that is a great facility at $595,000, that will sell quickly….and then a lesser one at a million….that has not and will not sell….but is generating $4000 a month and breaking even at 40% occupancy.
Take care, and keep writing….
Ron
Our own Foothill High School in Palo Cedro is off to the Nationals…this was in the local paper, the Record Searchlight today…read on, please…
PALO CEDRO – The Foothill High School students traveling to Washington, D.C., for the National Science Bowl have one goal.
“Do better than Chico did last year,” said senior Nick Rossow.
The same Foothill team competing this year lost in regional competition to the Chico High School team last year. The Foothill students watched Chico’s progress at the nationals last year, where they finished second to last, the Foothill team said.
They all hope to do better than that when they compete at the nation’s capital next month.
Foothill beat 10 schools and 24 teams to win the Regional Science Bowl in Redding on March 7 and will travel next to Washington, D.C., on April 30 to compete in the U.S. Department of Energy National Science Bowl.
They’ll compete against 66 other teams; the top 16 finishers will win $1,000 each, to be given to their high schools’ science departments.
Foothill’s win at regionals was hard fought.
“We answered … roughly 125 questions,” said Zane Silver, a senior.
The competition is set up like a game show. Two teams sit across from each other at a table and are given questions by a moderator. Questions cover everything from physics to chemistry to trigonometry. Team members quickly work out the solution, and the first to ring the buzzer with the correct answer wins the round.
Looking back, the members of the team admitted they may have gone into the competition a little overconfident.
“We went in totally unprepared last year and came out third,” Rossow said. “We went into this year pretty cocky.”
“Maybe a little too cocky,” said teammate Nick Cerami, a senior.
They lost one of their first rounds during the morning competition but still had a good enough record to advance to the afternoon playoffs. There, they narrowly beat the Chico High School team in the semifinals – a match that went into triple overtime.
Then they moved on to face Shasta High for the championship.
“That team had already lost one round in playoffs and had to beat us twice to win the title,” said Matt Fowler, the team’s coach and a science teacher at Foothill.
As the finals began, Shasta High won the first round, making it anyone’s game.
“The final round was a nail-biter, with our team winning the title by just one question,” Fowler said.
The five team members, Rossow, Cerami, Silver, Brett Hodge and Coulter Knapp – the team’s lone junior – plan to continue studying science after high school, each hoping to make a career of it. Most of them hope to become engineers.
“I think everyone here plans on pursuing science of some kind,” Silver said.
Rob Rogers can be reached at 225-8217 or at rrogers@redding.com.
Redding should add more red lightcameras…
.a good reason to live in Redding, CA
• Cypress Avenue and Churn Creek Road
• Cypress Avenue and Bechelli Lane
• Lake Boulevard and Market Street
• Pine and Tehama streets
• Shasta and Market street
In spite of national reports casting doubt about the effectiveness of red-light cameras, the Shasta County Grand Jury recommends that the city of Redding add them to intersections “at every opportunity.”
In its latest report released today, the grand jury touted the use of the cameras as a “phenomenal law enforcement tool” that reduced collisions by 48 percent in the first half of 2008 at the intersections at which they were installed.
Wrecks citywide were down by 21 percent over the same period, the jurors wrote.
“Redding Police Department traffic experts postulate that a primary cause of the dramatic improvements of traffic safety is the presence of red light cameras,” the jurors wrote.
In spite of concerns to the contrary, there’s also been no evidence the cameras increased rear-end collisions at camera-equipped intersections, the jurors wrote.
But the jurors also noted that the cameras didn’t seem to reduce collisions citywide during 2007, the camera’s first year of operation.
The jury also found that costs to taxpayers are negligible, but the cameras so far have generated no revenue for the city.
Taxpayers pay less than $30,000 each year to pay for part-time officers who review the cameras’ videos and photos, shot when a motorist triggers the camera’s in-ground motion sensors.
The $325 fine generated each time a motorist is caught running a light pays for the rest of the program.
In 2007 and 2008, all of the $116,000 the city collected in fines went to Scottsdale, Ariz.-based Redflex Traffic Systems, the company that operates and installs the cameras, the jury found.
Under the city’s contract with Redflex, the company will pay Redflex up to $200,516 in fees before the city can collect any cash.
In recent months, the cameras have drawn national attention as studies have cast doubt on the cameras’ effectiveness while the companies that operate them rake in cash.
Although national studies show fewer T-bone crashes at lights with cameras and fewer drivers running red lights, the number of rear-end crashes increased.
Meanwhile, companies like Redflex expect increased revenue for years to come, while cities around the nation install them them to bolster their revenue streams.
Redflex alone saw after-tax profits of $10.6 million in fiscal year 2008, up from $7.3 million the year before.
Aaron Quinn, spokesman for the Wisconsin-based National Motorists Association, said that there are cheaper safety alternatives to red-light cameras, including lengthening yellow-light times.
“We say, the red-light camera wouldn’t have stopped anyone from getting hit,” Quinn told The Associated Press. “Once (a city) sees one city getting it miles away, and that first city makes a bunch of money, they want to do it, too. It’s like a virus.”
Reporter Ryan Sabalow can be reached at 225-8344 or rsabalow@redding.com…the Redding Record Searchlight
