1234 Un AveMontpelier, ID 83254

For Sale
$1,726,300

123 Units, 4.62 Acres, High Growth Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a 123-unit self-storage facility situated on a substantial 4.62-acre lot in Montpelier, Idaho. Conveniently located off Highway 89, this property offers significant upside potential. The existing facility boasts 123 individual storage units, generating consistent rental income. Importantly, rental rates have remained stable for the past four years, presenting a clear opportunity to increase profitability by adjusting rates to reflect current market values. Beyond the existing infrastructure, there's an additional approximately 2.75 acres available for future development. This expansion potential is further enhanced by the presence of public water and sewer lines directly adjacent to the property, simplifying any future construction projects. This turnkey operation provides a solid foundation for immediate income generation and long-term growth, making it an attractive investment for savvy buyers seeking a stable and appreciating asset in a desirable location. The property's strategic location and substantial land holdings offer a unique blend of immediate return and future development possibilities. This is a rare chance to acquire a well-established business with significant room for expansion and increased revenue. The existing unit occupancy and stable rental history provide a strong base for future financial projections.

Property Details for 1234 Un Ave

Property type
Investment properties, Other investment properties
Year Built
2018
Lot Size (sq. ft)
201,247 SF

Location Insight

City
Montpelier
County
Bear Lake County
State
Idaho
Latitude
42.3117
Longitude
-111.3164
1234 Un Ave, Montpelier, Idaho

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1234 Un Ave
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