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3060 W Clearwater Ave

16,585 SF Speciality Building Offered at £1,488,270 at a 6.78% Net Initial Yield in Kennewick, WA 99336

Investment Highlights

  • Self Storage
  • Value Add
  • 100% Occupancy
  • Central Location

Executive Summary

Hard to find self storage property. Value add opportunity. Plenty of room to grow rental income as well as
streamline/automate operations. 179 units in total.
Unit break down is as follows: 90 10x12s; 15 5x12s; 8 10x10s; 2 30x35s; 1 20x35 and 60 5x9s that are interior
units.
Room to grow income via late fees, rent increases and leasing interior units.

Property Facts

Price £1,488,270
Price Per SF £90
Sale Type Investment
Net Initial Yield 6.78%
Property Type Speciality
Property Subtype Self-Storage
Building Class B
Building Size 16,585 SF
Number of Floors 2
Year Built/Renovated 1990/2010

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134994000010000
Land Assessment
£272,980
Improvements Assessment
£624,102
Total Assessment
£897,082

zoning

Zoning Code CG (The property is zoned COMMERCIAL GENERAL DISTRICT (CG), which is defined in the city of Kennewick Municipal Code, Chapter 18.03.040 as: CG - The purpo)
CG (The property is zoned COMMERCIAL GENERAL DISTRICT (CG), which is defined in the city of Kennewick Municipal Code, Chapter 18.03.040 as: CG - The purpo)
  • Listing ID: 31076872

  • Date on Market: 28/02/2024

  • Last Updated:

  • Address: 3060 W Clearwater Ave, Kennewick, WA 99336

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