Spokane Valley, WA
$10,500,000
Skyview Storage, adjacent to multiple new residential developments, comprises a 9-building portfolio located at 13411 E 32nd Ave, Spokane Valley, WA 99216. This strategic location is situated at the intersection of 32nd Ave and Hwy. 27, two prominent and high-traffic corridors. The portfolio includes a turnkey, cash-flowing, 533-unit storage facility, a popular coffee stand, five retail center lots, and a conÂtracted Verizon cell tower on the storage property. These are long-term contracted legacy tenants who would highly value the high traffic positioning of their businesses under any management.
The storage facility is constructed with wood + steel framing and comprises 468 Units over 15 buildings, each with unit sizes
ranging from 5×5 to 12×40. In the rear of the lot, adjacent to the Verizon cell tower, there are 65 RV parking spaces ranging
from 12×25 to 12×70. The facility presents promising value-add opportunities by enhancing the site layout, optimizing the
rental pricing structure, and capitalizing on the limited availability of this facility can lead to high margins.
