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64435 O B Riley Road, Bend, OR 97703

$4,712,000
Property Type: Commercial Sale Square Footage: 40,000 Lot Size (sq. ft.): 124,582 Status: Closed
Current Price: $4,712,000 List Date: 5/09/2017 Last Modified: 2/10/2026

Description

315 unit self storage facility built in 2015, including a room for a kiosk where customers can rent a unit onsite. The facility is fenced, has a security gate, and cameras with 24/7 monitoring. All metal construction surrounded by asphalt for clean & easy access. Between website access and kiosk onsite, there is no requirement for an onsite manager. Other services have already been set up for call center and digital marketing that has proven to increase rentals. Fully operational and currently 93% rented.

Supplements: ********

More Information MLS# 201703739

Location, Tax, and Legal

Cross Street: Hwy 20 Section: NW Parcel Number: 269751 Tax Map Number: 161231D Tax Lot: Parcel 2 Tax Block: 0 Lot Size Acres: 2.86 Lot Size Square Feet: 124582

Currently Not Used

List Price per SqFt: 117.8

General Property Information

Building Area Total: 40000 New Construction YN: No Zoning: TUI Tax Annual Amount: 28995 Tax Year: 2017 CC&R's YN: No Preferred Escrow Company & Officer: Amerititle Sign On Property YN: No Year Built: 2015

Remarks and Miscellaneous

Public Remarks: 315 unit self storage facility built in 2015, including a room for a kiosk where customers can rent a unit onsite. The facility is fenced, has a security gate, and cameras with 24/7 monitoring. All metal construction surrounded by asphalt for clean & easy access. Between website access and kiosk onsite, there is no requirement for an onsite manager. Other services have already been set up for call center and digital marketing that has proven to increase rentals. Fully operational and currently 93% rented.

Status Change Information

Sold Price per SqFt: 117.8 Close Date: 2017-06-01 Under Contract Date: 2017-05-25 Status Change Timestamp: 2017-06-02 Close Price: 4712000

Business Type (AKA Sub Type)

Income/Investment: 1 Other: 1

Income and Expenses (Annual Amounts)

Cap Rate %: 6 Estimated Gross Operating Income $: 408000 Net Operating Income: 283000 Vacancy %: 7

Miscellaneous Information

Confidentiality/Non-Disclosure Agreement: Yes Overhead/Dock Doors: 1 # Overhead/Dock Doors: 315 Backup Package Available: Yes

Flooring

Concrete: 1

Listing Terms

Cash: 1

Foundation Details

Slab: 1

Levels

One: 1

Lot Features

Fenced: 1 Landscaped: 1 Sprinkler Timer(s): 1

Roof

Metal: 1

Unit 1

Status: Leased

View

Territorial: 1

Existing Lease Type

Month To Month: 1

Owner Pays

Electricity: 1 Exterior Maintenance: 1 Insurance: 1 Repairs: 1 Taxes: 1

Parking Features

Asphalt: 1 Parking Lot: 1

Sewer

None: 1 Other: 1

Water Source

Well: 1

Parking Details

Parking: Yes

Special Assessments

None: 1

Location Tax and Legal

Street Number: 64435 Street Name: O B Riley Street Suffix: Road County: Deschutes State: OR Postal Code: 97703 Subdivision Name: CLAB

Contract Information

Original List Price: 4712000 Current Price: $4,712,000 Status: Closed Sold Price: $4,712,000 Listing Contract Date: 2017-05-09

Property Features

Flooring: Concrete Foundation Details: Slab Levels: One Roof: Metal Existing Lease Type: Month To Month Business Type (AKA Sub Type): Income/Investment; Other Owner Pays: Electricity; Exterior Maintenance; Insurance; Repairs; Taxes Lot Features: Fenced; Landscaped; Sprinkler Timer(s) Miscellaneous Information: Overhead/Dock Doors Parking Features: Asphalt; Parking Lot Special Assessments: None View: Territorial Sewer: None; Other Water Source: Well Listing Terms: Cash
Listing Office: Cascade Hasson Sotheby's International Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.