Updated Dec 21, 2023
Woodland Self Storage Sells For $9M
1745 Schurman Way, Woodland, Washington 98674, United States
$9,000,000
$90/SF
Building Size
99,000 SF
Asset Type
—
Closing
Aug 23, 2022
About this deal
AI
Located at 1745 Schurman Way in Woodland, WA, this self-storage property has been sold. The transaction was handled by Christopher R. Secreto from Marcus & Millichap with a sale price of $9,000,000. The property spans 99,000 square feet, resulting in a price per square foot of $91.
Summary of Transaction Details
- Property Type: Self Storage
- Transaction Amount: $9,000,000
- Address: 1745 Schurman Way, Woodland, WA
- Market: Woodland, WA
Christopher R. Secreto from Marcus & Millichap represented the parties involved in this sale.
On the Map
$9,000,000
$90/SF
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Woodland CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93