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Belfair Mini Storage Facility - Availability Details
24761 WA-3 NE, Belfair, WA 98528
- For Sale $1,825,000
- Property Type Industrial
- Lot Size 2.46 Acre
- Year Built 2001
- Date Updated Aug 08, 2022
- Website www.cbcworldwide.com
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!
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Location
- Walk Score ® Car-Dependent (24)
- Bike Score ® Somewhat Bikeable (27)
Powered by Walk Score ®
- City Belfair, WA
- Neighborhood Belfair
- Zip Code 98528
Points of Interest
Transportation
Fuel station
Restaurants
Bremerton Cab
9.41 miles
76
0.62 miles
Safeway Fuel Station
0.74 miles
Chevron
0.82 miles
QFC Gas
0.85 miles
Shell
0.88 miles
Blink
0.98 miles
Shell
5.48 miles
76
6.82 miles
76
6.95 miles
Gulf
6.97 miles
McDonald's
0.51 miles
Burger Claim
0.56 miles
Family Wok & Teriyaki
0.69 miles
Domino's
0.71 miles
El Sombrero
0.72 miles
Taco Bell
0.80 miles
Papa Murphy's
0.86 miles
Seabeck Pizza
0.89 miles
Dairy Queen
0.96 miles
Los Agaves
0.98 miles
Contacts
Cameron Wilson
Coldwell Banker Commercial Danforth
Frequently Asked Questions
What year was Belfair Mini Storage Facility built and finished?
Belfair Mini Storage Facility was completed in 2001.
Contact Listing Broker
Cameron Wilson
Coldwell Banker Commercial Danforth