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Storage 98110 — Bainbridge Island, Washington
Class A self-storage facility on Bainbridge Island with value-add lease-up potential.
Bainbridge Island, Washington· Self storage
Opportunity teaser
Public Crexi listing identifies a 54,775-square-foot, 246-unit self-storage facility offered by Hunter Investments and updated within days of this review.
Why it may be interesting
Public listing reports a supply-constrained market, 66% occupancy, $410,000 NOI, and broker co-op availability.
Risks and open questions
Reported property and financial data are broker supplied and require diligence; 1,308 days on market and pro-forma assumptions require review.
Key figures
- Price
- $14.2M
- NOI
- $410K
- Cap rate
- 2.89%
- Occupancy
- 66.0%
- Units
- 246
- Square feet
- 54,775
- Asset class
- Self Storage
- Geography
- Bainbridge Island, Washington
Disclosure
Unpublished third-party candidate. Property information remains broker supplied; no authorization from the owner or broker is recorded.