Log In/Sign Up
Your email has been sent.
21892 Cobalt Ave
Caldwell, ID 83605
Extra Space Self Storage · Specialty Property For Sale
·
66,080 SF
Investment Highlights
- Currently operated under a third-party Extra Space Storage management agreement that expires in September
- 12-month average occupancy of 94.1% across 449 units, reflecting consistent demand and a stabilized operating history.
- In-place self-storage rents average approximately 97% of market, with additional upside available through continued rate management and lease-up
- Built in two phases in 2021 and 2024, offering newer construction, modern improvements, and limited near-term capital needs.
- 415 self-storage units are complemented by 34 covered RV/boat parking spaces, broadening the property’s customer base and revenue streams.
- Positioned between Middleton and Caldwell near the Boise River, with access to expanding residential areas and the broader Boise MSA growth corridor.
Executive Summary
Extra Space Storage presents the opportunity to acquire a modern, stabilized self-storage investment in Caldwell, Idaho. Built in two phases in 2021 and 2024, the property includes 449 total units consisting of 415 self-storage units and 34 covered RV/boat parking spaces, with a 12-month average occupancy of 94.1%. The current third-party Extra Space Storage management agreement expires in September 2026, providing a buyer with flexibility to retain the existing platform or transition to a new operator and brand.
Property Facts
| Sale Type | Investment | Building Size | 66,080 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2021 |
| Building Class | B | Parking Ratio | 0.5/1,000 SF |
| Lot Size | 4.89 AC | ||
| Zoning | M1 | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 4.89 AC |
| Building Size | 66,080 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | M1 |
Amenities
- Controlled Access
- Signage
Property Taxes
| Parcel Number | R340751040 | Improvements Assessment | $6,486,980 CAD |
| Land Assessment | $2,130,256 CAD | Total Assessment | $8,617,236 CAD |
Property Taxes
Parcel Number
R340751040
Land Assessment
$2,130,256 CAD
Improvements Assessment
$6,486,980 CAD
Total Assessment
$8,617,236 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
