10/16/2026
We bought a half-empty storage facility. On purpose.
Mt. Washington Self Storage, 2019: neglected, poorly run, 50% occupied.
Column Realty handled every step in-house: acquisition, expansion design, general contracting, and management.
ποΈ Expanded from 28,000 to 38,000 SF
π Occupancy: 50% β 98%
π€ Sold in 2023 to one of the nation's largest self-storage operators
π° Investors: 3.69x equity multiple, 30.97% IRR
What's the worst-run building in your town? π
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Past results do not guarantee future results. Not legal or financial advice.
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