Seller Financing
Clover Creek Storage
Montpelier, ID
Executive Summary
Summary
- Address 1234 Union Pacific Rd, Montpelier, ID 83254
- County Bear Lake County
- Price $1,400,000
- Cap Rate 4.08
- Price Per Enclosed Sq. Ft. $123.89
- Price Per Sq. Ft. (Total) $54.47
- Enclosed 11,300
- RV Storage 14,400
- Acreage 4.65
- APN 3940.02, 3932.01, 734.06
- Occupancy 87%
- Traffic Count 4,400
John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me".
The Calvary Realty National Storage Group is pleased to present this value-add opportunity with room to expand in Montpelier, Idaho.
The property is being offered for sale at $1.4M which is a 4.08% cap rate on existing numbers.
This property has a steady demand for Boat and RV Storage due to its proximity to Bear Lake (a 20-minute drive) with minimal competition within a 20-mile radius (1 of 3 storage facilities).
Key Facts
1M Annual Tourists to Bear Lake
Just North of Bear Lake, Utah
Proximity to Utah and Wyoming Border
Highway Frontage
High Traffic Count
Recent Expansion
Room for Further Expansion (2.75 Vacant Acres)
4.62 Total Acres
Stable Population Growth
Home of Butch Cassidy Museum
Team
Brandon Robinson
Director of National Investments
Calvary Realty
CA License# 01787727
(909) 380-0073
Geramie Bascomb
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