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31247979
31275865

1110 E Woodin Ave, Chelan, WA 98816 For Sale

TC
UT UT 8013911-PB00, WA 24245 (+2)
Caster Investment Group
Listed by Caster Investment Group
Unpriced
117 days on market
Updated 74 days ago
Under Contract

Chelan Boat Storage

Details
Property Type Self Storage, Special Purpose
Sub Type Marina
Square Footage 54,700
Units 174
Occupancy 86%
Tenancy Multi
Year Built 2001/2011/2016/2018
Acreage 3.990
Zoning C-HS (Highway Service Commercial)

Strong Cash-Flow Specialty Boat Storage offered at an actual 6.56% Cap Rate. Expansion Potential.

Marketing description

Specialty Boat Storage Investment Opportunity in Chelan, WA!

Unlock the potential of this prime property through our confidential investment offering. Situated in beautiful Chelan, WA, this storage facility is offered at an above market actual cap rate with significant upside through increasing below market rents. With amenities that cater to both business and leisure storage needs, this property is a hub for all things boat and marine related!

To access detailed information, sign our confidentiality agreement and dive into the possibilities that Chelan Boat Storage offers. Keep all information confidential to protect the interests of both parties involved. Prior permission is required before visiting the property.

Give us a call to explore this exclusive investment opportunity in Chelan.

Investment highlights

  • Prime location near Chelan’s population center, downtown, Walmart Supercenter, and Lake Chelan Health Hospital.

  • Diverse small-bay units occupied by marine professionals make Chelan Boat Storage a hub for local boat owners.

  • Available at a low $71/SF basis with a strong Current Actual cap rate of 6.56%.

  • Strong demand supported by nearby residential projects totaling 1,000+ future dwelling units.

  • Additional +/-3.69 acres available with separate access, near Lake Chelan, Lake Pateros, and the Columbia River.

Listing Contacts

TC
UT UT 8013911-PB00, WA 24245 (+2)
Caster Investment Group
Listed by Caster Investment Group

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Loan Amount
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$255,660.00
$21,305.00/mo

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