Courtesy: Kidder Mathews
360-705-2800
Brian Richardson
Madlen Court Rental Homes & Self-Storage blends highly desired single-family type rental homes with the additional benefit of self-storage. Featuring six single-family style rentals (all 3BR/2BA, ~1,400 SF avg) plus fourteen self-storage units. Tenants pay 100% of utilities; homes feature two-car garages, modern construction, and newer roofs—built for low-drama ownership. The tucked-away, off-street setting is walkable to Chehalis schools, Boys & Girls Club, parks, and athletic facilities, and is less than 10 minutes to I-5 and downtown. Chehalis sits almost exactly halfway between Seattle and Portland on the I-5 corridor, and the market’s recent positive economic activity include an announced Amazon operations facility projected at 500–1,000 jobs and the PSE takeover of the TransAlta power plant creating an estimated 700 jobs. There are two investment approaches an investor can take. Raise residential rents and push storage rents toward market. There is an estimated 87% increase feasible for storage based on rent comps. Alternatively, an investor can subdivide and sell the residential units individually for a profit and keep the storage for pure cash-flow.
Courtesy: Voetberg Hansen Real Estate
360-623-5628
Ben Hansen
10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New siding, new insulation. All electrical updated: new exterior meters, new interior panels, new grounding rods. New roofs for both buildings. New main sewage and drainage lines. New windows - vinyl & double-paned. Ductless mini-split heat pumps for all units, providing AC/heat. Fresh landscaping. 22 space parking lot. Walking distance to schools, parks, restaurants, grocery and minutes from I-5. Don't miss this opportunity!
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Chehalis is located in Washington. Chehalis, Washington has a population of 7,427. Chehalis is less family-centric than the surrounding county with 25.55% of the households containing married families with children. The county average for households married with children is 26.85%.
The median household income in Chehalis, Washington is $52,717. The median household income for the surrounding county is $60,581 compared to the national median of $69,021. The median age of people living in Chehalis is 34 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 51.7 inches per year, with 2.4 inches of snow per year.
