Marcus & Millichap Arranges $10.2M Sale of Self-Storage Facility in Everett, Washington
EVERETT, WASH. — Marcus & Millichap has arranged the sale of Everett I-5 Mini Storage, a self-storage facility located in Everett. An out-of-state regional investment group acquired the asset for $10.2 million, or $123 per rentable square foot.
Situated on 5.4 acres at 13100 Fourth Ave., the 83,315-square-foot features 782 self-storage units, plus 14 covered and 13 uncovered RV/vehicle parking spaces. The facility was built in 1986.
Christopher Secreto of Marcus & Millichap represented the seller, a local partnership, and secured the buyer in the deal.