$ 949,900
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$949,900
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Bed -
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Bath -
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SqFt
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About the Listing 7582 - 74442
This Self Storage Facility presents an outstanding opportunity to acquire a well-established income-producing asset in the rapidly growing West Richland market. The 90-unit self-storage facility offers strong in-place cash flow with significant upside potential through continued occupancy growth, operational modernization, and strategic improvements. Currently operating atapproximately 85% physical occupancy, the property features a highly functional unit mix designed to serve a broad range of residentialand commercial storage users. A standout feature is that every unit is equipped with individual power access, an amenity frequentlynot found in many competing facilities. The facility offers easy customer access with wide drive aisles, strong street visibility, and aconvenient location near expanding residential neighborhoods and major commuter corridors.The facilityoffers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding neighborhoods and major commuter corridors. Thelist price reflects a cap rate of just over 7%, presenting investors with anattractive yield opportunity in an increasingly competitive self-storage sector. Additional value-add potential exists through security andtechnology enhancements, including online payment system and a website. The property also includes an easement area for theadjoining property's well head. Contact Listing Broker for financial information, rent roll, and showing instructions
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: See Remarks
Exterior Details
- Lot Description: Zoning: Commercial,See Remarks
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 110x279x99x249
- Zoning: Commercial,See Remarks
- Roof: Composition
- Others: Brick,Good
- Sewer: Available
Financial Details
- Tax Amount: $3,628
- Taxes w/Assessments: N/A
- Tax/Property ID: 131083030106001
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
5885 W Van Giesen St West Richland, WA 99353
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