Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Premier value-add opportunity with an immediate pathway to increased yield through sophisticated operational optimization
  • 485 units/ 75,930 Net Rentable SFOwn a regional portfolio across (2) strong economic and growth markets.
  • Both facilities are stabilized occupancy and cash flow positive day one.
  • The property is acquired at an initial value of ~$7.3 million and is projected to reach a residual sale value of $10.20 million by Year 5.

Executive Summary

Location and Surrounding Development
The regional portfolio features two well-positioned assets strategically placed in high-growth submarkets along the Interstate 90 and U.S. Route 2 corridors. Pleasant View Self Storage is located at 189 S. Pleasant View Road in Post Falls, Idaho, sitting immediately off I-90 (Exit 2). This corridor serves as a primary logistical and residential conduit between Coeur d’Alene and Spokane, benefiting from North Idaho’s rapid population expansion and the development of nearby master-planned residential communities.
Conversely, Fairchild Mini Storage at 1529 S. Craig Road in Airway Heights, Washington, commands a prominent position on the West Plains of Spokane County. Positioned just off Highway 2, this facility sits in the center of one of Eastern Washington’s most aggressive industrial and commercial development booms, heavily driven by the expansion of the Spokane International Airport aerospace hub and massive re¬gional distribution centers.
Building Characteristics and Property Features
Both properties feature robust, highly functional construction designed for low-overhead operational efficiency and reliable tenant secu¬rity. Pleasant View Self Storage delivers a balanced mix of traditional drive-up storage configurations (ranging from 5x10 to 12 x40) units equipped with dual roll-up doors) alongside budget-friendly interior-corridor ground-level units. This configuration allows operators to cap¬ture a broad demographic, from recreational enthusiasts storing Spokane River watercraft to local students from North Idaho College.
Fairchild Mini Storage optimizes its layout with high-ceiling, ground-level drive-up units (up to 12 x 40) alongside high-demand uncovered RV and boat parking spaces. Wide driveways are standard across both facilities to accommodate 18-wheelers for smooth tenant move-ins. Property security features are institutional across both locations, incorporating perimeter fencing, electronic keypad gate access, advanced LED lighting networks, and digital video surveillance. Additionally, the Airway Heights asset features an embedded revenue generator as an established U-Haul truck and trailer dealership, capturing high-margin moving supply and rental revenue.

Property Facts

Price $7,300,000
Price / SF $102.03 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 71,550 SF
Total Land Area 12.05 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
189 S Pleasant View Rd, Post Falls, ID 83854 Specialty 28,410 SF 1999 -
Fairchild Mini-Storage
1529 S Craig Rd, Airway Heights, WA 99001
Specialty 43,140 SF 1995 -
Show More > < Show Less
  • Listing ID: 42055134

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: ID & WA 2-Property Portfolio, Post Falls, ID

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}