Seltice Mini Storage

Price: $ 9,200,000
Address: 2425 West Seltice Way, Post Falls, ID 83854
  • Status: Active
  • Type: Self Storage
  • Area: 74625 sq ft
  • Cap Rate: 5.1
  • Number of Units: 419
  • Floors: 1
  • Lot size: 3.97 acres
  • Year built: 2006/2019

Description

Seltice Mini Storage is situated +/- 3.93 Acres at the corner of Seltice Way and McGuire Road in Post Falls, Idaho.  Seltice Mini Storage provides enclosed storage, heated storage, outdoor storage to the current and increasing population in Kootenai County.  Storage units have been at 100% occupancy while the facility has been ran remotely for the past year and a half, and could easily operate via kiosk or remain remotely operated. The office is currently leased to a chiropractor for additional income. Market competitors are completely full, giving the opportunity to raise rents by about 15%. Located close to I-90 on the main corridor through Post Falls. Security Cameras, main entrance roll gate, secondary access roll gate, and full property fencing in place.

 

Ryan Layton

509.435.2424

rlayton@areanw.com

Ryan Layton has an extensive and diverse background in self-storage ownership and real estate Development and investments. This helps when Ryan brings that real world experience to his investor clients. When Ryan is not outside enjoying skiing and golf, he is helping his clients negotiate the ins and outs of the commercial real estate world. Ryan represents sellers, buyers, and tenants guiding them through each transaction.

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