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3816 Smith Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Facility listed at an asking price of $7,000,000
- Asset maintains a current cap rate of 5.4 percent
- Self-storage property located at 3816 Smith Avenue in Everett
- Part of a portfolio sale with 1530 East Marine View Drive
- Ideally situated for investors targeting the Puget Sound market
What's Special
Priced at $7,000,000, this self-storage facility is situated at 3816 Smith Avenue in Everett, Washington. The property operates at a 5.4% cap rate and is part of a larger portfolio sale that includes the site at 1530 East Marine View Drive. Everett serves as a major hub within the Puget Sound region, benefiting from strong proximity to aerospace manufacturing and a robust regional economy. This asset provides a stable investment vehicle for those looking to expand their footprint in a dense, growing suburban market. Investors and operators may consider the operational efficiencies of managing these two Everett locations as a cohesive portfolio strategy. The facility is well-positioned to serve the surrounding residential and commercial demographics requiring secure, accessible storage solutions near primary transportation corridors. Prospective buyers are encouraged to review the offering memorandum for comprehensive financial and property data.
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