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1851 E Roseville PkwyRoseville, CA 95661
Public Storage (Managed) Self-Storage & RV Boat Opportunity
Asset ClassSelf Storage
Year Built2024
Square Feet: 129,750# Units: 596Land: 13.5 AcresAccess Data Room
Roseville, CA
overview of deal

Overview

The Cushman & Wakefield Self Storage Advisory Group has been exclusively retained to offer for sale Public Storage (Managed), a self-storage and RV/boat asset located in Roseville, CA.

 

Situated on 13.5 acres in one of Sacramento’s most affluent submarkets, the property was constructed in 2024 and offers a combined 129,750 NRSF, including 49,800 square feet of self storage (383 units) and 79,950 square feet of RV parking (213 spaces). As of August 8th, the facility is 71.5% physically occupied (68.9% storage / 76% RV) with 56.9% economic occupancy, providing significant lease-up and revenue growth potential. The property is surrounded by a mix of new and planned residential developments that will continue to fuel storage and RV parking demand.

 

The project is strategically located on E. Roseville Parkway (21,481 AADT), a major east-west thoroughfare with direct access to Interstate 80 and Highway 65. The trade area boasts strong demographics, including an average household income over $162,000, and is close to key employment centers like the Roseville Galleria and Hewlett Packard Enterprise campus. Additionally, Roseville is one of the fastest-growing cities in the Sacramento area and is experiencing significant housing development. This combination of accessibility, affluence, and growth positions the asset to capture both local demand and regional traffic, particularly for premium storage and RV parking services.

 

On a pro forma basis, the asset is projected to generate over $1.5 million in effective gross income at stabilized occupancy, supported by market-competitive rates and strong RV demand. This offering presents investors with a rare opportunity to acquire a newly built, institutionally managed storage and RV parking asset in a premier suburban Sacramento market, with immediate upside through continued lease-up and rate optimization.

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Investment Highlights

  • Institutional-Quality, Newly Built Asset: 129,750 SF facility delivered in 2024, featuring 49,800 SF of self storage (383 units) and 79,950 SF of RV parking (213 spaces).
  • Significant Lease-Up Potential: Current physical occupancy of 71.5% (68.9% storage / 76% RV) with economic occupancy at 56.9%, offering immediate revenue growth opportunity.
  • Strong Demographics & Demand Drivers: Average household income of over $162,000 within three miles and a dense population base of 239,127 residents within five miles.
  • High-Growth Residential Corridor: Located in a rapidly developing area of Roseville, surrounded by new single-family communities and multi-family projects totaling (add number of units once we have maps).
  • Premier Roseville Location: High-visibility site along East Roseville Parkway with direct access to I-80 and SR-65, serving one of Sacramento’s most affluent and fastest-growing suburbs.
  • Strong Pro Forma Financials: Projected gross revenue of $1.5M, supported by market rent growth potential and robust RV parking demand.
  • Depreciation Potential: The Janus MASS storage units at the facility may qualify for bonus depreciation or an accelerated depreciation schedule providing significant tax benefits.
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1851 E Roseville PkwyRoseville, CA 95661
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Listing provided by Revere CRE