Kuna Self Storage

Property Title

640 W Avalon St
Kuna, ID 83634

investment highlights

  • Below Market Rents
  • One of the Fastest Growing MSAs in the Nation
  • Strong Historical Occupancy
  • Great Visibility and Strong Traffic Counts

property summary

Kuna Self Storage is a 23,742 net rentable square foot facility located in the heart of Kuna, Idaho.  The property is comprised of 166 non-climate controlled units across three buildings, approximately 15 open parking spaces, and all units are accessible via drive up.  There is also an onsite manager’s office onsite.

Kuna Self Storage is located in a primarily residential district and offers the lowest rates in the region.  The facility was built in 1993 and has strong historical occupancy created primarily through word-of-mouth and drive-by traffic.  The owner does not actively market the property, website, or online presence.

Treasure Valley has been one of the fastest growing MSAs in the United States.  In 2018, employment grew by 3.58% and home prices grew by over 11% which was the fourth highest in the nation.  Kuna is located ten minutes from Nampa and twenty minutes from Boise, placing it in the path of growth for both communities.

The property has been owner-operated and current rents are substantially below market.  The property has been well maintained, is fully fenced, and equipped with security monitoring systems.  A new owner can increase returns by implementing a professional management strategy and increasing rents.

Broker Information

Paul Ryan

Broker of Record

Phone: 208.401.9321
Email: paul.ryan@marcusmillichap.com
License: ID DB39666

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