206 E Custer St, Mackay, ID 83251

$8,500,000

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List Price
$8,500,000
Price Change
▲ $7,505,000 1784583284
MLS#
2187045
Status
ACTIVE
Year Built
2021

Property Description

UNDER CONTRACT - ACCEPTING BACKUP OFFERS. Excellent opportunity to acquire a 151-unit self-storage facility in Mackay, Idaho. The property offers a desirable mix of 5x10, 10x10, and 10x20 units, serving a variety of storage needs for both residential and commercial users. Currently in its lease-up phase, the facility presents investors with the opportunity to increase occupancy and grow revenue as units continue to be absorbed by the market. Located in the scenic Lost River Valley at the base of Idaho's highest mountain, Mackay serves as a hub for residents, outdoor enthusiasts, agricultural operations, and visitors traveling throughout Central Idaho. The area is known for its access to recreation, including fishing, hunting, hiking, camping, and off-road trails, creating year-round demand for storage solutions. With limited self-storage competition in the immediate market, this property is well-positioned to serve the community's growing storage needs. This offering presents investors with the opportunity to acquire a self-storage asset with established infrastructure and future upside potential. Financial information is available upon execution of a Non-Disclosure Agreement (NDA). Contact listing agent for additional information.

Additional Information

Taxes
$2,831
Roof
Metal
Cooling
None
Heating
None
Water
None
Sewer
None

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Calculator source: Real Geeks

Listing courtesy of LPT Realty LLC.