38718 BROOKSIDE AVE

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38718 BROOKSIDE AVE

BEAUMONT, CA 92223-4245
Asking Price
$6.25M
Asset Type
Land
Class
Class B

What's Special

8.27 Acres in San Bernardino MSA | Fully Entitled + Shovel-Ready | High Barrier To Entry Market <p><span style="color: rgba(0, 0, 0, 1)">The surrounding market is supported by strong fundamentals, including </span><strong style="color: rgba(0, 0, 0, 1)">meaningful population growth</strong><span style="color: rgba(0, 0, 0, 1)">, </span><strong style="color: rgba(0, 0, 0, 1)">no competing facilities within a 1-mile radius</strong><span style="color: rgba(0, 0, 0, 1)">, and </span><strong style="color: rgba(0, 0, 0, 1)">no other planned or in-progress self-storage developments within a 5-mil

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NOI
$80,000
Cap Rate
1.28%
DSCR
0.22
Underwater
Cash-on-Cash
-15.52%
Monthly Payment
$30,921.59
Annual Cash Flow
$-291,059.079

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