Blog > Investor Alert: Rare Opportunity to Own a Warehouse and Self-Storage Complex in Shelley, ID
Investor Alert: Rare Opportunity to Own a Warehouse and Self-Storage Complex in Shelley, ID
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Are you looking for an investment opportunity in the real estate industry? Look no further than 518 N State Street in Shelley, ID. This property is a rare find in the area, offering a unique combination of warehouse and self-storage facilities that make it a multifaceted investment opportunity. Let's take a closer look at what this property has to offer.
The listing price for 518 N State Street is $2,500,000, making it a significant investment. However, the potential for a high return on investment is evident. The property is a multiple-tenant complex, with the seller remaining the primary tenant at close. This means that you will have immediate cash flow from the property, with a reliable tenant already in place.
The real value in this property, however, is in the new 114-unit self-storage complex that was built in 2020. Self-storage facilities are always in high demand, and with the addition of this new facility, you will have an excellent source of passive income for years to come. The agent handling the property can provide you with the rent rolls and cap rate information you need to make an informed decision about this investment.
The location of 518 N State Street is also a significant selling point. The property is situated on Yellowstone Highway, a major thoroughfare in Shelley, ID. This means that the property is easily accessible to potential renters, making it a highly desirable location for your tenants.
Investing in real estate can be an excellent way to build wealth over time, and 518 N State Street in Shelley, ID is an excellent opportunity to do just that. With the combination of a warehouse and self-storage complex, multiple tenants, and a reliable primary tenant already in place, you can start generating cash flow from day one. Additionally, the potential for significant passive income from the new self-storage facility makes this investment an even more attractive opportunity.
If you're interested in learning more about 518 N State Street in Shelley, ID, contact the agent handling the property and schedule a tour today. Don't miss out on this rare chance to invest in a multifaceted facility that has the potential to provide significant returns on your investment for years to come.