Storage Facility and Residential rental

Chehalis, WA (Lewis County)

Storage Facility and Residential rental
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Asking Price: $440,000

Gross Revenue: $43,188

Price/Sq. Ft.: N/A

NOI: $41,028

Building SF: N/A

FF&E: N/A

Year Built: 1957

Storage Facility and Residential rental

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Property Description

Longtime storage facility business up for sale. A total of 50 current rental accounts consists of combination of indoor heated, dry-not heated storage and RV/Boat spaces. Room for expansion. House not rented, currently occupied by someone who is managing the day to day activities. Projected house rent $1,100. 34x36 barn currently not utilized as rental easily converted. All space rents have been static for years and are well below market rates. Projected cap rate with revised rates 7.7%.

Detailed Information

Location:
Chehalis, WA
Type:
Other Business Real Estate
Building Status:
Established
Facilities:
7 total buildings. 1600+ sq ft residence, storage office, RV storage, boat spaces, indoor heated spaces, dry/not heated spaces, barn.
Location Description:
I-5 Exit 72, east to Rush Rd, north on Rush. East on Bishop, south on Jackson Hwy to address.
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Robert Lund

Property Listed By:
Robert Lund

Century 21 Lund, Realtors

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