2403 Jordan Ln - Specialty FOR SALE
Filer, ID 83328 |
$1,200,000 USD
866-889-0550
2403 Jordan Ln
Filer, ID 83328
HIGHLIGHTS
- Strong value-add: facility is 60% occupied with seller occupying several units himself
- 77% of enclosed units are 10x15 or larger, enabling longer rental terms
- 36 open parking spots around perimeter offer future expansion potential
- Offered at $44.77/NRSF, far below replacement cost for new development
- No online rental capability or ancillary income streams currently in place
- Year 2 pro forma cap rate of 7.41% with continued upside through stabilization
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$45 USD /SF
CAP RATE
7.41%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Idaho Storage
PROPERTY TYPE
Specialty
ADD'L SUBTYPES
Self Storage
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.3 AC
LAND SF
100,188 SF
ZONING
-
APN/PARCEL ID
RPOF840001018BA
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866-889-0550
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