1405 W Half Moon Rd, Colbert, WA 99005
- $1,300,000
- List Price
- $1,300,000
- MLS#
- 202622221
- Status
- ACTIVE
- City
- Colbert
- Acres
- 10
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?
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Additional Information
- Year Built
- 2016
- School District
- Mead
- Garage Spaces
- 4
- Frontage
- City Street, Private Road
- Area/Grid
- N Cnty W Hwy 2, Deer Prk
- MLS Area/Grid#
- A532/124
- Acres MOL
- 10
- Lot Size
- 435,600
- Basement
- See Remarks
- Features
- 400 AMP, Sec Lights, Sec Alarm
- Heating/Cooling
- See Remarks
- Lot Information
- Views, Level, Open Lot, Fencing
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Listing courtesy of SARMLS / eXp Realty, LLC
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.