14365 Rockwood Ct, Rathdrum, ID 83858

26,098 SF Specialty Building Offered at $3,187,454 at a 6.26% Cap Rate in Rathdrum, ID 83858

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,187,454

Property Type
Specialty
Square Feet
26,098 SF
Price / Square Foot
$122

Listing Contacts

Matt Mahoney
Matt Mahoney
Verified Profile
Austin Hopkins
Austin Hopkins
Verified Profile
  • Property Info

Property Overview

Lee & Associates is pleased to present the opportunity to acquire the Rockwood Self-Storage Facility in Rathdrum Idaho. This is an excellent opportunity to acquire an operating self-storage facility in the low vacancy Coeur d’ Alene MSA. Excellent unit mix with unit sizes varying from 12x7 to 24x12. Also included is a detached office and shop that can be used for a leasing office or leased for additional income.
Property is located directly off HWY 41 in a rapidly growing location filled with single family and multifamily homes.
Property shows a true pride of ownership and has been extremely well maintained by current ownership.

Property Details

Class
C
Year Built
2005
Stories
1
Property Subtype
Self-Storage
Lot Size (sq. ft)
69,696 SF

Highlights

  • Priced below replacement cost
  • Entire property is paved with automatic gates
  • Upside through increasing rents and marketing
  • Historical low vacancy rate
  • 2,584 SF office/shop to be vacant at sale

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