Bought with ZNonMember-Office-MLS
$630,000
$650,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
0.65 Acres Lot
SOLD DATE : 03/08/2019
Key Details
Sold Price $630,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision South Kelso
MLS Listing ID 1341847
Sold Date 03/08/19
Style 61 - Comm Bldg Ovr 10K
Year Built 1981
Annual Tax Amount $8,637
Lot Size 0.646 Acres
Lot Dimensions 176 x 160
Property Description
92 unit mini storage facility in Kelso minutes away from I-5 corridor. Great income producing investment opportunity with minimal landlord responsibility and a well organized business operation. Property has 20 grade level/garage like storage doors, 12 heated units, 5 separate storage building structures, office, onsite property manager, metal siding/roofing. Cash cow investment with current net operating income over 9.8% with rent upside potential to achieve over 11.7%. Exceptional opportunity.
Location
State WA
County Cowlitz
Area 418 - South Kelso
Interior
Interior Features Concrete
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electricity Available
Roof Type Metal, See Remarks
Building
Sewer Sewer Connected
Water Public
Others
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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