Yes, I would like more information. Please use and/or share my information with a CENTURY 21® affiliated agent to contact me about my real estate needs.
By clicking Send Message, I agree that a CENTURY 21 agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.
This Self Storage Facility presents an outstanding opportunity to acquire a well-established income-producing asset in the rapidly growing West Richland market. Located on Van Giesen Street, this 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 at approximately 85% physical occupancy, the property features a highly functional unit mix designed to serve a broad range of residential and commercial storage users. A standout feature is that every unit is equipped with individual power access - an amenity frequently not found in many competing facilities. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. The facility offers easy customer access with wide drive aisles, strong street visibility, and a convenient location near expanding residential neighborhoods and major commuter corridors. The current list price reflects a cap rate of just over 7%, presenting investors with an attractive yield opportunity in an increasingly competitive self-storage sector. Additional value-add potential exists through security and technology enhancements, including online payment system and a website. The property also includes an easement area for the adjoining property's well head. Contact Listing Broker for financial information, rent roll, and showing instructions