10 Arthur Ln
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10 Arthur Ln
8,368 SF Speciality Building Offered at £1,196,550 at a 6.50% Net Initial Yield in Horseshoe Bend, ID 83629
Investment Highlights
- Northbound from Boise to Valley County:
- Much lower rents and land prices in Horseshoe Bend vs. Cascade / McCall
- Highway 55 visibility
- Weekend recreation : Commuters from Boise headed to the mountains
- Excess land for expansion
- Manufactured home- manager’s residence or rental
Executive Summary
Value Add Self-storage located on the northbound route from Boise to the Central Idaho Mountains. Historically under-managed with no advertising, minimal signage, and no onsite leasing. Opportunities to increase occupancy, expand the storage facility, and rent the manufactured home.
Property Facts Under Contract
| Price | £1,196,550 | Building Class | C |
| Price Per SF | £143 | Lot Size | 10.01 AC |
| Sale Type | Investment | Building Size | 8,368 SF |
| Net Initial Yield | 6.50% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1993 |
| Property Subtype | Self-Storage | Parking Ratio | 3.59/1,000 SF |
| Price | £1,196,550 |
| Price Per SF | £143 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 10.01 AC |
| Building Size | 8,368 SF |
| Number of Floors | 1 |
| Year Built | 1993 |
| Parking Ratio | 3.59/1,000 SF |
zoning
| Zoning Code | MU (Mixed Use) |
| MU (Mixed Use) |
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