189 Pleasant Vw Rd Post Falls, ID 83854-9417

This exceptional self-storage facility presents a compelling investment opportunity. Located at 189 S Pleasant View Rd, Post Falls, ID 83854, this Class A property boasts 28,390 square feet across four single-story steel-framed buildings, constructed in 1999 and renovated in 2022. The 2.08-acre lot includes 182 units, currently operating at 84% occupancy, generating a pro-forma NOI of $226,677 and a 5.70% pro-forma cap rate. The asking price is $3,975,000, translating to $140 per square foot. Key features include a secure hydraulic liftgate, PTI gate keypad, asphalt drive aisles, corner protection bollards, high-resolution security cameras, StorEdge storage software, city water/sewer, new LED lighting, perimeter fencing, and a dedicated website. The property benefits from a convenient location near Interstate 90, a strong market presence, and the potential for rent increases. The gross lease structure and multi-tenancy contribute to its stable performance. Five parking spaces are available on-site. The property is zoned for commercial use and has a well-maintained rental office with a bathroom, kitchen, and additional storage. This turnkey facility offers a stable income stream and significant growth potential within the thriving North Idaho economy. The property is free and clear of any ground lease.