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.