deal image
12310 W 12th AveAirway Heights, WA 99001
Block Self Storage
Asset ClassSelf Storage
# Units: 114Rentable SF: 22,268Land: 1.47 AcresAccess Data Room
Seller Financing Available - 5.5% Interest Only
overview of deal

Overview

Block Self Storage is a 22,268 SF, 114-unit drive-up self-storage facility, perfect for anyone who is looking for a fully automated, remotely managed facility. The facility is located in the thriving Airway Heights community, nestled between Fairchild Air Force Base and Spokane International Airport, maintaining consistent cash flow with minimal operating expenses. Asphalt drive aisles, high-tech security, automated keypad entry gate, and fully fenced. With the potential to expand with the purchase of nearby 1.7 acres, Block Self Storage presents a wonderful investment opportunity for those with a keen eye.

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Investment Highlights

Cap Rate
6.15%
Occupancy
87%

Easy Access: Premium drive-up units with clean, wide asphalt drive aisles.

 

Consistent 10x20 Storage: Reliable and simplified revenue stream.

 

Value-Add Upside: Rent optimized for growth, tenant insurance in place.

 

Strong Security Presence: Fully fenced facility, secure gated access, and a camera system.

 

Prime Location: Near Air Force Base, a stable residential area, and new apartments surrounding.

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deal gallery image
deal gallery image
12310 W 12th AveAirway Heights, WA 99001

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