97 Storage Units | 2.51 Acres | Room for Expansion — Sale in Filer, ID

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Business
  • Location: Filer, ID 83328

Description

97 Storage Units | 2.51 Acres | Room for Expansion This Offering Memorandum presents an exceptional opportunity to acquire Filer Budget Storage, a well-established self-storage facility located at 2180 E. 3900 N in Filer, Idaho. Situated on 2.51 acres, this property features 97 drive-up storage units, offering a diverse range of options to meet community needs. In addition to its robust storage operations, the property includes a house currently generating rental income, further enhancing cash flow for investors. There is also approximately ±0.85 acres of land available for future development or outdoor parking, providing clear room for expansion and added revenue streams. With a current occupancy rate of 78.35%, Filer Secure Storage demonstrates a stable in-place income stream and significant potential for increased profitability through strategic management and market optimization.

Market Context

This commercial property in Filer, ID is listed for sale at $1,100,000. It has been on the market for 195 days. Compare it against other commercial property listings for sale in Filer, ID — view the full market.

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