72nd Ave Self Storage is a newly completed, Class A facility, comprised of 326 units totaling 59,170 rentable square feet, plus 44 uncovered parking spaces. The Property includes a fully graded development pad which is permitted for Phase II construction, containing 194 units and 22,175 SF. Fully built out, 72nd Ave Self Storage will total 520 units in 81,345 rentable square feet plus 44 uncovered parking spaces.
Property features include a highly desirable single-story configuration with a mix of heated and unheated units, large enclosed RV parking spaces, and rare, heated drive-up access units. Additional features include wide drive isles, comfortable ingress/egress, and a management office. The signalized intersection at NE 72nd Ave. and NE St. John’s Road provides convenient property access.
Clark County is the fastest growing county in the Portland MSA and the entire State of Washington. Within a 3-mile radius of the property 1,893 multi-family units have been built since 2019 and 586 units are under construction or in planning. There are 26 residential subdivisions currently under construction in the trade area.
The Property’s premium quality and approved expansion, combined with its excellent location and rapid lease-up make this an ideal value add investment opportunity.