1619 S Washington St - J&D Mini Storage
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1619 S Washington St - J&D Mini Storage
14,016 SF Specialty Building Offered at $1,265,000 at a 7.04% Cap Rate in Kennewick, WA 99337
Executive Summary
Hard to find self storage property. Most tenants are on ACH auto pay. Plenty of room to grow rents with increases and has 2 vacancies that will also improve return. Turn key ready operation.
Property has a number of tenants paying below market, as well as 2 vacancies. Very easy for new owner to increase the NOI right away.
Property has a number of tenants paying below market, as well as 2 vacancies. Very easy for new owner to increase the NOI right away.
Property Facts
| Price | $1,265,000 | Building Class | C |
| Price Per SF | $90 | Lot Size | 0.73 AC |
| Sale Type | Investment | Building Size | 14,016 SF |
| Cap Rate | 7.04% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1975 |
| Property Subtype | Self-Storage |
| Price | $1,265,000 |
| Price Per SF | $90 |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.73 AC |
| Building Size | 14,016 SF |
| No. Stories | 1 |
| Year Built | 1975 |
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PROPERTY TAXES
| Parcel Number | 107802010147003 | Improvements Assessment | $481,380 |
| Land Assessment | $69,530 | Total Assessment | $550,910 |
PROPERTY TAXES
Parcel Number
107802010147003
Land Assessment
$69,530
Improvements Assessment
$481,380
Total Assessment
$550,910
zoning
| Zoning Code | CN (Neighborhood Community Dist) |
| CN (Neighborhood Community Dist) |
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1619 S Washington St - J&D Mini Storage
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