Seltice Mini Storage

DAA Northwest purchased for owner/user building on the South Hill of Spokane, WA. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Tristique cras viverra at purus nulla commodo mattis neque. Ullamcorper diam gravida tellus et.

Sit adipiscing eu urna, commodo amet, a. Pellentesque malesuada donec tellus vitae mauris. Arcu quis sed auctor metus. Vitae enim in morbi eu. Sed at dolor tristique vitae et, arcu

Seltice Mini Storage is situated on 3.93+/- acres at the corner of Seltice Way and McGuire Road, close to I-90 on the main corridor through Post Falls. Seltice Mini Storage provides enclosed storage, heated storage, and outdoor storage to the current and increasing population in Kootenai County. Storage units have been at 100% occupancy while the facility has been run remotely for the past 1.5 years, and could easily operate via a 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%. Security cameras, main entrance roll gate, secondary access roll gate, and full property fencing in place. Additional income could also come from box and retail sales, truck rentals and tenant insurance.

Property Highlights

  • Recently expanded facility with front office building currently leased
  • Storage units at 100% occupancy, with the most rented from waiting list and website
  • Situated along the Seltice Way Corridor (main arterial connecting Post Falls)
  • The property sits within Post Falls Self Storage Moratorium corridor
  • Low management responsibilities – facility is currently run remotely by owners
  • Only heated storage in the immediate trade area
  • 2425 W. Seltice Way

    Post Falls, Idaho

  • $9,200,000

    Price

  • 171,130 SF

    Size

  • Self Storage

    Property Type

  • Commercial

    Zone

  • 5.00%

    Capitalization Rate %

Contact Broker: