2998 Jackson Hwy Chehalis
Listing provided by NWMLS, courtesy of Coldwell Banker Voetberg RE
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Description: Opportunity knocks! Home with income producing storage business. Storage rents are below market and home is not being rented. Potential improvements to bottom line include renting the home for $1100, raising storage rates to market level, acquiring more boat/RV storage tenants to fill empty spaces, & converting 34x36 barn to additional storage units. Utilities will be far less when home is rented. Onsite manager currently occupying home.
Interior
Approx. Sq Ft:
0 ft²
Approx. Office Sq Ft:
0 ft²
Approx. Whse/Mfg Sq Ft:
0 ft²
Approx. Building Sq Ft:
1,680 ft²
Energy Source:
Electric, Propane
Heating and Cooling:
Heat Pump
Floor Covering:
Concrete, Vinyl, Wall to Wall Carpet
Utilities
Sewer:
Sewer Connected
Location
City:
Chehalis
State:
WA
Zip Code:
98532
Area:
430
County:
Lewis
Latitude:
46.61607000
Longitude:
-122.88884100
Building
Year Built:
1957
Foundation:
Concrete Block, Poured Concrete, Slab
Roof:
Composition, Metal
Exterior:
Metal/Vinyl, Wood Products
Power Service in AMPS:
0
Lot
Depth of Lot:
0
Lot Sq Ft:
43,124 ft²
Site
Community Name:
Newaukum
Number of Available Pads:
0
General Zoning Classification:
Commercial, See Remarks
Zoning Jurisdiction:
City
Site Frontage:
197
Rent
Terms:
Cash Out, Conventional
Finance & Taxes
Homeowner Dues (monthly):
None
Tax Expense:
$2,564
Electrical Expenses:
1806
Total Expenses:
7603
Tax Year:
2019
Gross Scheduled Income:
48060
Vacancy Rate:
5
Gross Adjusted Income:
45657
Total Expenses:
7603
Net Operating Costs:
38054
Cap Rate -NOI div LP:
9.10
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Listing provided by NWMLS,
courtesy of Coldwell Banker Voetberg RE