Springer Real Estate is pleased to present 3816 Smith Avenue, a 150-unit self-storage facility in Everett, WA. The professionally managed property comprises approximately 25,836 rentable square feet across four metal structures on a 1.01-acre site, and is currently 53% leased in active lease-up as of May 2026. The facility produces in-place income today with meaningful upside as occupancy climbs toward stabilization. On current existing-tenant rates, stabilized net operating income is projected at approximately $280,708, reflecting a going-in cap rate 6.25%. Positioned near Interstate 5 with direct freeway access, the property sits in a supply-constrained Everett market close to the Port Gardner waterfront and redevelopment district. Everett is Snohomish County's second-largest city with a 2024 population above 116,700, anchored by major employers including Boeing. Highlights: - 150 units across four gated, professionally managed metal structures - 53% leased with clear lease-up upside toward stabilization - Approximately 25,836 rentable SF on a 1.01-acre site - 2021 environmental report with no evidence of REC - Fencing and security cameras onsite - Direct I-5 access, minutes to downtown Everett and the waterfront Offered at $4,500,000.