2-Property Value-Add Northwest Portfolio Self-Storage Opportunity – Chehalis, WA

Price
11,000,000
NRSF
59,156
Chehalis, WA
Value-Add
Strong Occupancy History with Significant Value Add Opportunities
Highly Functional Assets with Market Leading Potential
Strategic Puget Sound Location

The Self-Storage Advisory Group of Cushman & Wakefield has been selected to exclusively market for sale Two Value Add Storage Properties, Pak N Stak and Jackson Highway, located in Chehalis, WA.

Pak N Stak and Jackson Highway Storage are located 1.4 miles apart in Chehalis, WA. Pak N Stak (PNS) totals 229 units across 33,978 SF with in-place rents 43.8% below market. Jackson Highway is newly built with 262 units across 25,178 SF and includes 1.28 acres of excess land.

Chehalis, WA is part of the Seattle-Tacoma Combined Statistical Area with 4.95 million people and is approximately mid-way between Portland and Seattle. Chehalis is the Lewis County seat and with neighboring Centralia, totals approximately 75,000 residents. The area has emerged as a key transportation and logistics hub along Interstate-5.

The Properties are in a qualified opportunity zone and enable an investor to capitalize on highly functional assets with strong in-place cash flow, identifiable value add opportunities and expansion potential.




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