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7762 W Boekel Rd - Mountain View Storage 34,100 SF Specialty Building Offered at $2,395,000 at a 5.50% Cap Rate in Rathdrum, ID 83858
Investment Highlights
- Mountain View Storage & Dance Studio Investment
- 2.4 Acres
- Storage Units - 91% Leased
- 5.5% Cap Rate
- Flex Building - 100% Leased
Executive Summary
Exceptional investment opportunity featuring Mountain View Storage & Flex Building located at 7730 & 7762 W. Boekel Rd. in Rathdrum, Idaho. This multi-property industrial investment offers approximately 33,110 square feet on 2.4 acres with a 5.5% cap rate. The offering includes a 151-unit self-storage facility currently 91% occupied and a 4,400 SF flex building that is 100% leased to Dance Theatre NW & NW Fine Arts Academy through August 31, 2030. The self-storage facility consists of units ranging from 5'x10' to 15'x25', while the flex building features four overhead doors, 21 parking stalls, and a long-term tenant with annual rental increases. Industrial zoning, secure gated and fenced storage, and an established operating history make this a strong, income-producing asset in one of North Idaho's fastest-growing markets. Financials available upon request. Tours by appointment only. Please do not disturb tenant. Buyer broker compensation: 2%.
Property Facts
| Price | $2,395,000 | Lot Size | 2.40 AC |
| Price Per SF | $72.33 | Building Size | 33,110 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.50% | Year Built | 1995 |
| Property Type | Specialty | Parking Ratio | 0.63/1,000 SF |
| Property Subtype | Self-Storage | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | ||
| Zoning | Industrial | ||
| Price | $2,395,000 |
| Price Per SF | $72.33 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 33,110 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Parking Ratio | 0.63/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R79000010020 | Improvements Assessment | $598,344 |
| Land Assessment | $365,403 | Total Assessment | $963,747 |
Property Taxes
Parcel Number
R79000010020
Land Assessment
$365,403
Improvements Assessment
$598,344
Total Assessment
$963,747
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