atlas self storage · 2021. 1. 7. · argus self storage advisors and american real estate...

Ryan Layton

American Real Estate Associates, LLC

509-435-2424

rlayton@areanw.com

SELF STORAGE

INVESTMENT OPPORTUNITY

Atlas Self Storage

3355 N. Atlas Road

Coeur d’Alene, ID 83814

Offering Price: $2,000,000

INVESTMENT HIGHLIGHTS • Location! Rare opportunity to purchase an existing property in the popular Coeur

d’Alene market

• Access along major north/south corridor arterial

• High traffic location

• Surrounding area has strong demographics with Average Household Income of

$84,806 (2019)

• On-site, live-in manager creates little responsibility for owner

• Major upside in rents and currently there are no boxes, trucks or insurance being

sold

• 5.77% CAP on actual income, 6.70% on proforma rents and increased expenses

Argus Self Storage Advisors and American Real Estate Associates, Inc. have compiled this information from sources believed to be reliable however can make no warranties, express or implied, to it’s accuracy. Buyer to conduct their own due diligence.