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12th Ave Self Storage

Overview Summary

Looking for a simple Investment into Self-Storage?…..here it is…this facility is Turn-Key very well-maintained and efficiently operated. 12th Avenue Self-Storage is an owner-operated facility with (100) Storage Units with 20,000 RSF, and (16) Outdoor parking spaces, with $189,600 annual potential gross rental income. Currently, +70% occupancy, located in the very popular Airway Heights, WA market, conveniently accessed right off Highway 2 near the core of the city. 3 storage buildings, secure in/out roll gate, LiftMaster gate keypad, asphalt drive aisles, tight line drainage system, LED lighting, perimeter fenced, website. The average Rental Rate is $0.65/SF. Room to increase rents in a high occupancy rental market. Could immediately add Tenant Insurance, Retail, and Truck Rental for additional income. Additional +/- 1.7 Acres available to purchase separately at $4.00/SF ($296,208)

12310 West 12th Avenue, Airway Heights, WA, USA

Address

$1,700,000

Price

20,000

NSQFT

N/A

Units

5.82%

Cap Rate

Commercial

Zoning

Self Storage

Asset

Location Map

American Real Estate Associates, Inc.**® and its associated service marks, including the AREANW® name and logo, are registered trademarks of American Real Estate Associates, Inc.

​We are committed to upholding the principles of the Fair Housing Act and the Equal Opportunity Act. All listing information is considered reliable; however, accuracy is not guaranteed.

Licensed Real Estate Firm:

Washington State License #: 19640

Idaho State License #: CO56924

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