2932 Isaacs Ave - Walla Walla Self Storage Immeuble de 192 839 pi² • Spécialité • À vendre 35 606 544 $ CAD • Taux de capitalisation 7,13% • Walla Walla, WA 99362

1. Exceptional Market Entry & Returns
A rare opportunity to enter the booming Eastern Washington market with immediate scale at a 7.13% cap rate and substantial upside potential from the present 72% unit occupancy. This stabilized, income-producing portfolio delivers dependable cash flow today and projects a compelling 21.59% IRR based on 3% inflation and conservative unit occupancy growth.
2. Prime Location in an Expanding Economic Region
Ideally situated in the heart of Washington’s world-class wine region, an area generating over $10 billion in annual economic impact, Walla Walla’s growing prominence continues to emerge as a nationally recognized tourism and relocation destination, fueling consistent and expanding self storage demand. Whitman College, Walla Walla University, and Walla Walla Community College and Center for Enology and Viticulture along with the DOC Washington State Penitentiary complex further contribute to the strong long-term growth and stability of the area.
3. Unmatched Visibility & Tenant Generation
Boasting 3,040 feet of prominent frontage along multiple arterials with more than 14,000 vehicles passing daily, this portfolio enjoys billboard-level exposure that naturally converts drive-by traffic into long-term tenants, enhancing both occupancy and revenue growth.
4. Pro-Growth City & Rising Demand
Walla Walla’s forward-looking local government is advancing major growth initiatives to add 3,700 new homes, accommodate multi-family development incentives, and create new commercial corridors. These new rooftops, additional renters, and new business, underscore a robust upward trend in local self storage demand.
5. Institutional-Grade Portfolio with Strategic Scale
This opportunity consists of 6 separate locations in Walla Walla, delivering significant strategic advantages. Each site offers a diversity of unit types, sizes, and amenities supplying customers with a wide range of choices not available from other storage providers in the area. Walla Walla Self Storage is an institutional-grade platform with scale, diversification, and operational efficiency available in a single purchase.
6. Upside Through Expansion & Modernization
Walla Walla Self Storage includes high-demand climate-controlled units with opportunities to expand at multiple locations, two of which feature unused office space with potential for rapid, cost-effective conversion. Recent capital upgrades include fiber internet installation supporting Bluetooth-enabled OpenTech key code and gate systems, as well as real-time monitoring of the high-definition security cameras.