Properties for Sale
1059 N State Street
Foundation Group is pleased to present Attic Storage of Kingston/Poulsbo!
Attic storage is a uniquely high caliber storage asset in a thriving industrial park on a major highway connecting Kingston, Poulsbo, Silverdale, and Bremerton. The property features 99-units of for rent storage, an office, and large additional storage unit across four 1-story slab-on-grade buildings. All buildings are TPO sided with pitched metal roofs. Units range from 5×5’s to 10×20’s, with lots of variation and sizes that cater well to market demand.
Property features automatic/remote access gate with new motor and keypads. 24-hour facility wide camera monitoring (which can be accessed remotely or on-site). Property operated on the Web Self Storage platform where tenants can inquire/make reservations and schedule move ins electronically.
During current ownership, occupancy has remained over 95% on average. While most heavy lifting has been completed with respect to the physical aspects of the property, there remains a fair bit of managerial upside to be had by new ownership.
Current ownership has easily self-managed the property with the aid of on-site staff. Daily duties are completed in exchange for use of the office (CPA). New ownership can continue with this business plan or hire professional management, which is reflected in the property’s proforma, and rent the office for additional income.