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Everson Mini-Storage

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Everson Mini-Storage

321 Everson Rd, Everson, WA 98247
Industrial For Sale Available Cap Rate 3.96% Built 1992 1 floors Zoning: LI
Asking Price
$3,000,000
Total Building34,000 SF
Available32,281 SF avail
Land138,956 SF land
Parking Total6
& Uncov.
MarketWhatcom County
CountyWhatcom

Read Overview
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Overview

Property ID
178465
Listing ID
704030
Type
Industrial
Asset Class
Industrial
Zoning
LI

Description

investment in a growing Pacific Northwest submarket.Everson Self Storage offers a rare opportunity to acquire a stabilized, income-producing self storage facility with strong upside potential in Everson, Washington. The property totals 32,281 rentable square feet across 258 units in nine buildings on 3.19 acres, maintaining a solid 84% physical occupancy and $187,327 in adjusted NOI. Built in 1992 with expansions in 1996, 2002, and 2018, the facility is well-maintained and positioned along Everson’s main corridor roadway, providing excellent visibility and accessibility. With a significant portion of units priced nearly 20% below market storage rents, investors can immediately capture rent growth and enhance returns through professional management. Additionally, the mix of standard sto

Listing Courtesy of:

RL
Ryan Layton
American Real Estate Associates, Inc.
4200 S. Cheney-Spokane Rd,
Spokane, WA 99224
State: WA City: Everson ZIP: 98247 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.