1405 W HALF MOON Rd, Colbert, WA 99005
1405 W HALF MOON Rd, Colbert, WA 99005
1405 W HALF MOON Rd, Colbert, WA 99005
1405 W HALF MOON Rd, Colbert, WA 99005
1405 W HALF MOON Rd, Colbert, WA 99005
1405 W HALF MOON Rd, Colbert, WA 99005
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Listed by Collin Kelley • eXp Realty, LLC
$ 1,300,000
Est. payment | /mo

10 Acres Lot


Save
$ 1,300,000
Est. payment | /mo
Save

10 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202622221

Year Built 2016

Lot Size 10.000 Acres

Lot Dimensions 10

Property Sub-Type Commercial

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?

Location

State WA

County Spokane

Rooms

Basement See Remarks

Interior

Heating See Remarks

Cooling Other

Exterior

Garage Spaces 4.0

View Y/N true

View Mountain(s), Territorial

Roof Type Metal

Building

Lot Description Views, Level, Open Lot, Fencing

Structure Type Steel Frame

Schools

School District Mead

Others

Acceptable Financing Conventional, Cash, See Remarks

Listing Terms Conventional, Cash, See Remarks

Nearby Locations

Rachel Krouse

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 981-1881

rachel@krousehouserealty.com

Amplify- 1311 N Washington Ste A, Spokane, Washington 99201, USA

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1405 W HALF MOON Rd