18154 N Highway 41, Rathdrum, ID 83858

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Building Details:

• Year Built: 1997

IDEAL FOR OWNER OCCUPIED AND/OR BUILDER

The Storage Place is a single-story complex with 198 units totaling 62,503 net rentable sq. ft. on 5.01 acres. There is an additional 1,800 sq. ft. rental home with 3 bedrooms, 2 baths, and a 1,152 sq. ft. 4 car garage. An additional acre of land fronting highway 41 is also included in the purchase.

The storage units were built in phases between 1997 and 2006. All units are built on rased concrete pads with wood framing and metal roofs and metal doors. Some units without doors to accomodate the largest RV's. There are six buildings with wide aisles and easy access. The facility is secured by a fence perimeter, electronic gate, digital security system and lighting throughout.

CAP RATE REQUIRES BUILD OUT OF 1 ACRE

Minority owner is a licensed real estate broker in the state of Idaho.

The Facility is situated on east side of Rathdrum on HWY 41, a major nort/south corridor extending from Interstate 90, with excellent visibility. A high traffic count is created by neighboring towns of Twin Lakes and Spirit Lake as well as an abundance of water sport and other recreational vehicles