Post Falls, ID Self Storage Development
Self Storage Syndicators (SSSE) is proud to present An expansion project of a class-B self storage facility in Post Falls, ID (part of one of the fastest growing MSAs in the country). SSSE is expanding the existing 65,730 NRSF facility to 153,730 NRSF in a market with less than 2% market vacancy. This is an increase from 160 units to 526 units. The existing facility is primarily RV and boat storage on 10 acres with 100% occupancy and a wait list since it first leased up. The first phase of the facility was completed in November 2018 with room to nearly triple the size. Over the 4 year investment term, investors can experience a preferred return of 8%, 19% targeted IRR, 1.7x targeted equity multiple, and depreciation in both 2022 and 2023. This is a 506(c) offering available to accredited investors only.
SSSE provides investors access to tax-advantaged self storage investments with an emphasis on downside mitigation and social stewardship.
Investment Summary Video
The Offering
8% Preferred Return
Depreciation in 2022 and 2023
19% Targeted IRR
4 Year Term
1.7x Equity Multiple
$50,000 Minimum Investment
The Development Overview
Off-Market
Steep discount to market due to seller rapport, no broker influence, and no commissions
<2% Market Vacancy
Despite high supply, most competitors are fully occupied and the market is expanding rapidly
Highest Quality Facility
The facility is the nicest RV and boat storage facility in the market with a 4.9 star Google rating
153,730 Net Rentable Square Footage (NRSF)
The facility is currently 65,730 NRSF with 160 units sitting on 10 acres with ample room to expand
Existing Cash Flow
With effectively 100% occupancy and a wait list, this facility is already performing financially
Temperature Controlled Units
There are virtually no temperature controlled units in this market so this facility will have a premium product
Interested in investing now?
Use the button below to visit the investor portal and review documents
Interested in learning more?
Use the button below to schedule a time to talk with our team
Interested in future opportunities?
Use the button below to fill out our investor questionnaire
