Coeur d’Alene, ID

This self-storage complex in Coeur d’Alene, ID is a type of commercial real estate property that provides space for individuals and businesses to store their personal belongings or goods. These facilities typically consist of a large number of individual storage units, ranging in size from small lockers to large rooms, which are rented out to tenants on a monthly basis.

From a real estate investment perspective, self-storage complexes can be an attractive option because they tend to have relatively low operating costs compared to other commercial real estate properties, such as office or retail space. Additionally, self-storage facilities can provide a steady stream of income, as tenants typically sign long-term leases and turnover rates are typically lower than in other types of rental properties. However, like any real estate investment, self-storage complexes also come with their own set of risks, including changes in market demand, increased competition, and the need for ongoing maintenance and repairs.