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475 100 S
Paul, ID 83347

$1,400,000 USD

Self Storage For Sale  •  65,750 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 65,750 SF
  • Lot Size 5.5 AC
  • Year Built 2022
  • Zoning LI
0 Transit Score
0 Walk Score

Description 

First time or experienced buyers, here’s your chance to acquire an up-and-coming self storage facility. Tri City Storage is a recently-built (2022-2023) facility located in Paul, Idaho in the Southern Idaho Valley near the Snake River and numerous lakes. 

17,500 NRSF storage, along with 46,080 covered canopy RV parking (179) units, plus 86
outside vehicle parking spots on +5 acres.  Acquisition cost is significantly below replacement cost at $23/SF. 

Currently 57% occupied and still in lease-up and rents are below market by $0.20/sf.
Significant upside all around. 

Fully fenced and secure with entrance gate, website and storage software in place. 

www.tricityrvstorage.com

Highlights

Upside! Facility is currently significantly below market rents with room to grow occupancy, plus expansion land, can 2x your investment
Priced at $23/SF, well below construction cost
Full fenced facility with security cameras, website and storage software
Room to expand, add more enclosed units or covered canopy RV on the 5+ acres
Recently built, still in lease-up, gives a new owner the opportunity to benefit from the potential of this facility

Property Flyers

Ryan Layton 509-435-2424 American Real Estate Associates, Inc
Ryan Layton 509-435-2424 American Real Estate Associates, Inc