Layton Brokers Sale of Two WA Self-Storage Facilities

Ryan Layton of American Real Estate Associates represented the sellers and buyers in the sales of University Storage and Valley Self-Storage, both in Washington.

Ryan Layton of American Real Estate Associates represented the seller and buyer in the sale of University Storage in Ellensburg, Wash. The property sold on March 25 for $400,500 at a 9.5 percent cap rate. The site includes 10,268 rentable square feet of self-storage on 27,800 square feet of land.
 
Layton also represented the seller and buyer in the sale of Valley (Wash.) Self Storage. The 16,512-square-foot property also sold on March 25 for $245,189 at an 11 percent cap rate.

Related Articles:

Self-Storage in the Western States: Real Estate Snapshot

Real Estate Roundup: Broker Roundtable, Western States

Exact Self Storage of Washington Sells for $1.2M

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