Bought with John L Scott Lake Cle Elum
$1,732,500
$1,750,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1.49 Acres Lot
SOLD DATE : 09/25/2020
Key Details
Sold Price $1,732,500
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Lake Cle Elum
MLS Listing ID 1618663
Sold Date 09/25/20
Style 78 - Warehouse
Year Built 2006
Annual Tax Amount $2,991
Lot Size 1.490 Acres
Property Description
Lake Cle Elum Mini Storage, the only one of it's kind in the area. In one of the highest traffic recreational use traffic zones in the county and no additional commercial ground available. Current waiting list of 13 tenants (as of 6-19-2020) with zero vacancy in years. Gross income $94,400.00 with $7k annual expenses. Unit rent has not been increased in 2 years and lot parking monthly lease @ $200 has not been increased in 12 years. Room for expansion to add more units.
Location
State WA
County Kittitas
Area _948Upperkittitasc
Interior
Interior Features Concrete
Flooring Concrete
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Electric
Roof Type Metal
Others
Acceptable Financing Cash Out, Conventional, Owner Financing
Listing Terms Cash Out, Conventional, Owner Financing
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