1536 S Wenatchee Ave, Wenatchee, WA, 98801
SOUTH WENATCHEE AVE SELF STORAGEKey Information
Highlights
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STRONG OCCUPANCY – Currently operating at 90% unit occupancy with 453 units, reflecting stable demand and effective management.
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STABLE MARKET FUNDAMENTALS – The facility benefits from a favorable self-storage supply environment with 7.10 square feet per capita within a 3-mile radius and 12.07 square feet per capita within a 5-mile radius, both below the national average.
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AFFLUENT TRADE AREA – Located in a high-income market with an average household income of $93,880 within a 5-mile radius, supporting strong rental rates and long-term value appreciation.
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HEALTHY DEMOGRAPHICS – The facility is anchored by a sizable population, with 73,575 residents within a 5-mile radius and 83,485 within a 10-mile radius.
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WELL-MAINTAINED ASSET – The property is in excellent condition, with ownership demonstrating a strong history of maintenance and upkeep. The last phase of construction was completed in 2015, and a slurry seal applied to the asphalt in 2024, reducing near-term capital expenditure needs.
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