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34252538
34252534

2194 SAND CYN RD, CHEWELAH, WA 99109-9665 For Sale

JO
WA 24000576, ID SP37806
NAI Black - Coeur d'Alene
Listed by NAI Black - Coeur d'Alene
$1,395,000
10 days on market
Updated 10 days ago

Fortress Storage

Details
APN 2581590
Property Type Self Storage
Square Footage 24,946
Units 1
Cap Rate 7.00%
NOI $97,028
Year Built 1920
Stories 1
Acreage 3.030

About This Property for Sale

Marketing description

Fortress Storage – Chewelah is a stabilized self-storage facility totaling approximately 24,946 square feet across 184 rentable units, situated on 3.03 acres. Built in 1989, the property has been maintained and upgraded over time. The facility includes a single-family residence on-site.

Located just off U.S. Highway 395, Fortress Storage benefits from exceptional accessibility and visibility. The property serves the growing Chewelah community and surrounding rural markets that rely on convenient storage solutions for both personal, business and recreational use. The facility is fully fenced, includes covered and uncovered RV parking, and room to expand in the future.

This income-producing asset presents an attractive opportunity for both new and experienced self-storage investors seeking a high-quality facility with expansion potential in a developing submarket of the Inland Northwest.

Investment highlights

Fortress Storage – Chewelah is a stabilized self-storage facility totaling approximately 24,946 square feet across 184 rentable units, situated on 3.03 acres. Built in 1989, the property has been maintained and upgraded over time. The facility includes a single-family residence on-site.

Located just off U.S. Highway 395, Fortress Storage benefits from exceptional accessibility and visibility. The property serves the growing Chewelah community and surrounding rural markets that rely on convenient storage solutions for both personal, business and recreational use. The facility is fully fenced, includes covered and uncovered RV parking, and room to expand in the future.

This income-producing asset presents an attractive opportunity for both new and experienced self-storage investors seeking a high-quality facility with expansion potential in a developing submarket of the Inland Northwest.

Listing Contacts

JO
WA 24000576, ID SP37806
NAI Black - Coeur d'Alene
Listed by NAI Black - Coeur d'Alene

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,028.00
$8,085.67/mo

Valuation Metrics

0
DSCR
6.96%
Cap Rate
6.96%
ROI

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Property History

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