1405 W Half Moon RdColbert, WA 99005
Spokane County
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?
Property Information
- Property type
- Commercial Sale
- Year built
- 2016
- Lot size
- 10.00 acres
- Garage spaces
- 4
- Days on market
- 95
- MLS® Listing#
- 202622221
Property Features
- Cooling
- Other
- Heating
- See Remarks
- Fencing
- Fenced
- Lot features
- Views · Level · Open Lot
- Roof
- Metal
- Security
- Security System · Security Lights
- Other structures
- Workshop · See Remarks
- Parcel number
- 37072.9030
Directions
395 North to Half Mood 1/4 of mile to the west property on south side of road
Listing Courtesy: eXp Realty, LLC - 8883175197
