12th Ave Storage Picture #4

12th Ave Self Storage

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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)12th AVE Self Storage OM

Property Highlights

  • Wood-Framed with Metal Skin Buildings
  • Built-in 2018
  • Asphalt Drive Aisles
  • Automatic Gates (Entry/Exit) Keypad Entry
  • Perimeter Fencing
  • Tight Line Drainage System with Gutters
  • Potential to Purchase adjoining lot (1.7 Acres) for expansion
  • Drive-up Units
  • LED Lighting
  • $98,916 NOI for 2022
  • 12310 West 12th Ave

    Airway Heights, WA

  • $1,700,000

    Price

  • 20,000 SF

    Size

  • Self Storage

    Property Type

  • Commercial

    Zone

  • 5.82%%

    Capitalization Rate %

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