Rapid Rental Mini Storage - Chelan

Industrial: Self Storage
Pending

829 E Wapato Ave, ChelanWA 98816

Property Details

Location

Address
829 E Wapato Ave, ChelanWA 98816
County
Chelan
Submarket
CBA Chelan County
Parcels
272318665310
Cross Street
2449 SR-150, Manson, WA

Building Size

Building Size
7,820 SF
Rentable Space
7,820 SF

Building Details

Type
 Industrial: Self Storage  
 Pending
Number of Buildings
3
Number of Units
64
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1978
Year Renovated
1987
Sprinklers
Parking Ratio

Industrial Details

Dock High Doors
Grade Level Doors
64
Cross Dock Doors
Ceiling Height
Rail Doors
Yard
Electrical
Industrial Space

Land & Utilities

Land (Acres)
0.47 Acres
Land (SF)
20,473 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Two Self-Storage Facilities Lake Chelan, WA

7,820 SF$1,250,000
Cap Rate: 5.25%

Rapid Rental Mini Storage consists of two storage facilities: one in Chelan, Washington and another in nearby Manson, Washington.

PROPERTY DESCRIPTION

Property: Rapid Rental Mini Storage

Property Addresses: 829 E Wapato Ave, Chelan, WA 98116 & 2449 SR-150, Manson, WA 98831

Rentable SF: 16,636 SF

Number of Units: 115

Year Built: 1978, 1977, 1987

Lot Size: Chelan - .47 AC | Manson - .70 AC | Total - 1.17 AC/50,965 SF

ALL CASH SUMMARY

Total Purchase Price: $1,250,000

Initial Capitalization Rate (After Reserves): 5.25%

Price Per Net Rentable Square Foot: $75.10

All Cash IRR: 10.32%

Combined with Listing #30272354

Rapid Rental Mini Storage consists of two storage facilities: one in Chelan, Washington and another in nearby Manson, Washington.

PROPERTY DESCRIPTION

Property: Rapid Rental Mini Storage

Property Addresses: 829 E Wapato Ave, Chelan, WA 98116 & 2449 SR-150, Manson, WA 98831

Rentable SF: 16,636 SF

Number of Units: 115

Year Built: 1978, 1977, 1987

Lot Size: Chelan - .47 AC | Manson - .70 AC | Total - 1.17 AC/50,965 SF

ALL CASH SUMMARY

Total Purchase Price: $1,250,000

Initial Capitalization Rate (After Reserves): 5.25%

Price Per Net Rentable Square Foot: $75.10

All Cash IRR: 10.32%

Combined with Listing #30272354

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Ed Hogan

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