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475 100 S - Tri City Storage - Idaho
65,750 SF Speciality Building Offered at £1,101,590 in Paul, ID 83347
Investment Highlights
- Upside! Facility is currently significantly below market rents with room to grow occupancy, plus expansion land, can 2x your investment
- Full fenced facility with security cameras, website and storage software
- Recently built, still in lease-up, gives a new owner the opportunity to benefit from the potential of this facility
- Priced at $23/SF, well below construction cost
- Room to expand, add more enclosed units or covered canopy RV on the 5+ acres
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | £1,101,590 | Property Subtype | Self-Storage |
| Price Per SF | £17 | Lot Size | 5.50 AC |
| Sale Type | Owner User | Building Size | 65,750 SF |
| Sale Conditions | Business Value Included | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2022 |
| Price | £1,101,590 |
| Price Per SF | £17 |
| Sale Type | Owner User |
| Sale Conditions | Business Value Included |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Lot Size | 5.50 AC |
| Building Size | 65,750 SF |
| Number of Floors | 1 |
| Year Built | 2022 |
About 475 100 S , Paul, ID 83347
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
zoning
| Zoning Code | LI (property is zoned light industrial) |
| LI (property is zoned light industrial) |
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475 100 S - Tri City Storage - Idaho
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