Belfair Mini Storage Facility - Availability Details

Capture strong cash flows from multiple income streams - mini storage (100% occupied), a mobile home (leased), cell tower income (through 10/2027), plus the ability to expand the mini-storage (bids already in hand) as well as an additional parcel with just over an acre of vacant land for you to develop or spin off. Excellent investment opportunity, but it isn't as simple as a straight income/CAP rate valuation. Multiple income streams have been capitalized or discounted to reflect their market value, and comps to support the valuation of the vacant land parcel. This is a great project with strong cash flows, but you'll need to be prepared to help your client understand the different silos of value. I'm happy to help with that though!