2998 Jackson Hwy

    Chehalis, WA 98532
    • $440,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: 1424923
    UPDATED: 58 min ago
    $440,000
    • 0
      BEDS
    • 0.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Century 21 Lund, Realtors.

    Description

    Longtime storage facility business up for sale. A total of 50 current rental accounts consists of combination of indoor heated, dry-not heated storage and RV/Boat spaces. Room for expansion. House not rented, currently occupied by someone who is managing the day to day activities. Projected house rent $1,100. 34x36 barn currently not utilized as rental easily converted. All space rents have been static for years and are well below market rates. Projected cap rate with revised rates 8.3%.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-21T08:14:10.14.

    www.lucaspintoteam.com/homes/92879192

    2998 Jackson Hwy Chehalis, WA 98532

    • Price: $440,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 1424923
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.99
    Acres
    1957
    Built
    Neighborhood:
    Jackson
    County:
    Lewis
    Area:
    Chehalis
    Property Description
    Longtime storage facility business up for sale. A total of 50 current rental accounts consists of combination of indoor heated, dry-not heated storage and RV/Boat spaces. Room for expansion. House not rented, currently occupied by someone who is managing the day to day activities. Projected house rent $1,100. 34x36 barn currently not utilized as rental easily converted. All space rents have been static for years and are well below market rates. Projected cap rate with revised rates 8.3%.
    Exterior Features

    Exterior Wood Products Foundation Poured ConcreteSlab Lot Depth 0 Roof CompositionMetal Site Frontage 0 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 1680 Floor Covering VinylWall to Wall Carpet Heating And Cooling Heat Pump Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 8.30 Electrical Expenses 1800 Energy Source ElectricPropane EPSEnergy 0 Form17 Provided General Zoning Classification CommercialSee Remarks Gross Adjusted Income 44517 Gross Rent Multiplier 11 Gross Scheduled Income 46860 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1336 Net Operating Income 36524 Other Expenses 2000 Possession Negotiable Power Company Lewis County Pud Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company Lc Water & Sewer District 4 Tax Amount 1801 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 7993 Total Expenses TEX 7993 Total Monthly Rent 0 Vacancy Rate 5 Water Company City Of Chehalis Water Sewer Garbage 1056 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Lucas Pinto Real Estate Group | Compass and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-21T08:14:10.14.

     
    Lucas Pinto Real Estate Group | Compass
    800 Bellevue Way NE Suite 500
    Bellevue WA, 98004
    Listing Courtesy of Century 21 Lund, Realtors.