Tri City Self Storage

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    475 West 100 South

    PAUL, IDAHO

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    $1,100,000

    PRICE

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    73,580 SF

    SIZE

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    SELF STORAGE

    PROPERTY TYPE

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    Commercial

    ZONE

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    7.30%

    CAPITALIZATION RATE %

TRI CITY SELF STORAGE
$1,100,000

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.

17,000 NRSF storage, along with 56,080 covered canopy RV parking (186) units, plus 87 outside vehicle parking spots on +5 acres. Acquisition cost is significantly below replacement cost at $65/SF.

Currently 56% 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

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Property Highlights

  • Upside! The facility is currently significantly below market rents with room to grow
  • Occupancy, plus expansion land, can 2x your investment
  • Priced at $20/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

Contact us

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