1405 W Half Moon Rd, Colbert, WA 99005

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
202622221
Year Built
2016
Acres
10
Region
N Cnty W Hwy 2, Deer Prk

Property Description

What if your next investment offered proven cash flow today—and room to grow tomorrow? This 100% occupied storage complex sits on approximately 10 acres and generates nearly $130,000 in annual gross rental income with NOI just shy of $120,000. The property includes 27 units, highlighted by a 3,600 SF building generating $2,500/month, a 1,800 SF unit generating $2,250/month, plus 24 approximately 300 SF storage units. With long-term tenants, virtually no vacancy history, and permits already in place for additional expansion, the upside here goes well beyond today’s income. Proven performance, substantial acreage, and the ability to expand well into the future—how often do you find all three in one investment?

Additional Information

Lot Features
Views, Level, Open Lot, Fencing
Basement
See Remarks
Garage Spaces
4
School District
Mead

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of SARMLS / eXp Realty, LLC

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.