atlas self storage · 2021. 1. 7. · argus self storage advisors and american real estate...

2
Ryan Layton American Real Estate Associates, LLC 509-435-2424 [email protected] SELF STORAGE INVESTMENT OPPORTUNITY Atlas Self Storage 3355 N. Atlas Road Coeur dAlene, ID 83814 Offering Price: $2,000,000 INVESTMENT HIGHLIGHTS Location! Rare opportunity to purchase an existing property in the popular Coeur dAlene market Access along major north/south corridor arterial High traffic location Surrounding area has strong demographics with Average Household Income of $84,806 (2019) On-site, live-in manager creates little responsibility for owner Major upside in rents and currently there are no boxes, trucks or insurance being sold 5.77% CAP on actual income, 6.70% on proforma rents and increased expenses

Upload: others

Post on 07-Feb-2021

1 views

Category:

Documents


0 download

TRANSCRIPT

  • Ryan Layton

    American Real Estate Associates, LLC

    509-435-2424

    [email protected]

    SELF STORAGE

    INVESTMENT OPPORTUNITY

    Atlas Self Storage

    3355 N. Atlas Road

    Coeur d’Alene, ID 83814

    Offering Price: $2,000,000

    INVESTMENT HIGHLIGHTS • Location! Rare opportunity to purchase an existing property in the popular Coeur

    d’Alene market

    • Access along major north/south corridor arterial

    • High traffic location

    • Surrounding area has strong demographics with Average Household Income of

    $84,806 (2019)

    • On-site, live-in manager creates little responsibility for owner

    • Major upside in rents and currently there are no boxes, trucks or insurance being

    sold

    • 5.77% CAP on actual income, 6.70% on proforma rents and increased expenses

  • Argus Self Storage Advisors and American Real Estate Associates, Inc. have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to it’s accuracy. Buyer to conduct their own due diligence.