20715 8th E AvenueSpanaway, WA98387

$8,750,000
4.81 acres
989 days on market

VestorFilter™

Price per acre$1.82M/ac
Time on market989 days

Property Description

Excellent investment opportunity w/ great cash flow! Securely monitored 479 storage units, 90 outside storage, office & house included. Same owner past 40 years. Well maintained! Great onsite managers live in house & run office. Plenty of room to expand! 3 100x50 spaces avail for 3 additional buildings (up to 150 more units.) Owner has large shop 40x48 and 24x10 carport & 34x24 building that could be additional units (has been used for personal storage) - all for great added income! 2 gated entries w/ new touchpads- one each side of road. Close to Hwy 7. Most of the bigger units have new metal doors. Units on West side of road were built in 1992. Office being remodeled, new security cameras. Don't miss out!

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Financial Data

Date Sold2021-11-30
Sold Price$11,260,000
Original Price$8,750,000
Current Price$8,750,000
Property Taxes$69,132

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Home Facts

StatusClosed
Year Built1978
Interior Features
Exterior Features
MLS IDNWM1826622