Paul, ID
$1,400,000
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.
17,500 NRSF storage, along with 46,080 covered canopy RV parking (179) units, plus 86 outside vehicle parking spots on +5 acres. Acquisition cost is significantly below replacement cost at $23/SF.
Currently 57% 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.
