2152 E. SUMMERSWEET DR., BOISE, ID 83716
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SALE PRICE: $2,285,000PRO-FORMA CAP: 6.75%TOTAL BUILDING SF: 20,200BUILDING: #7UNITS: 16 UnitsFLOORS: FIBER REINFORCED CONCRETE
DOORS: 14’ (H) OVERSIZED GARAGE DOORSENTRY: POWERED ENTRY
RV DUMP . . . . . . . . . . . . . . . . . ON-SITE
PARKING . . . . . . . . . . . . . . . . . . . AMPLE
FREEWAY ACCESS . . . . . . . . . . 2 MINUTES
Lee & Associates is pleased to present this unique opportunity for an in-vestor to own an income producing storage condo building. The Falcon Storage Condos are commercially built and fully finished with interior heating, electricity, LED lighting, insulation and a smooth painted wall finish. The building is within a professionally managed, fully gated and private storage facility with protective covenants. On-site amenities in-clude a private clubhouse with restrooms, shower, media room, kitchen-ette and dinette. Additional features include on-site air, water, RV Dump and clean area.
PROPERTY HIGHLIGHTS
Storage condo rental history in the Treasure Valley is ex-cellent. There is a lack of enclosed, conditioned storage in the area and very little competition. Similar storage condo rentals in the area lease for $775 to $1200 per month de-pending on size. For more information about this oppor-tunity please contact Shane Jimenez at 208-602-4500 or via email at [email protected]
FINANCIAL PRO-FORMA
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LOCATION HIGHLIGHTS
• Boise is ranked number 8 on the safest cities in the world• 2nd lowest property tax in the country, 6th best economic outlook• Unemployment 1.5% lower than the national average• 3rd most improved state for business, and 1st most friendly state for small business• 6th in the nation for low cost of living• #1 lowest cost of doing business in the Pacific U.S.
For more information on the Treasure Valley’s Accolades, please visit:www.bvep.org
www.compassidaho.org
BOISE, IDAHOBoise, Idaho is the state capital, the third largest city in the Pacific Northwest, and the county seat of Ada County. Located on the Boise River in southwestern Idaho, the population of Boise is currently 241,368. Once a hub for extraction industries, the city is now a center for high tech, agribusiness, food processing, shared services, manufacturing and state government. The major employers located in Boise include Albertsons, J.R. Simplot Company, Idaho Pacific Lumber Company, Idaho Timber, WinCo Foods, Bodybuilding.com and Clearwater Analytics. Other major industries have a presence in Boise such as Hewlett Packard and Wal-Mart.
DEMOGRAPHICSPOPULATION 1 MILE 3 MILE 5 MILE2020 Total Population: 4,202 36,278 78,4542025 Population: 4,693 40,345 87,087Pop Growth 2020-2025: 11.68% 11.21% 11.00%Average Age: 36.00 39.30 38.40HOUSEHOLDS2020 Total Households: 1,530 14,440 33,689HH Growth 2020-2025: 11.63% 11.07% 10.95%Median Household Inc.: $83,675 $82,755 $62,459Avg Household Size: 2.70 2.50 2.302020 Avg HH Vehicles: 2.00 2.00 2.00HOUSINGMedian Home Value: $335,194 $337,275 $319,623Median Year Built: 1996 1992 1985
Shane JimenezPrincipal | CFO
O 208.343.2300C 208.602.4500F [email protected] 802 W. Bannock Street, 12th FloorBoise, ID 83702