CURRENT PROPERTY

Skyway Industrial Condos

Caldwell, ID

ASSET CLASS:

Industrial

ASSET SUB-TYPE:

Shallow Bay Light Industrial

BUILDING:

20,000 total sf: (4) buildings @ 5,000 sf each + (8) drive-in doors

Investment Report

Thesis

Overview

These newly constructed industrial condos are perfect for a range of tenants with a multitude of needs, making it readily leaseable.  

Risks

Maintaining high occupancy rates across all units

OUTLOOK & EXIT

Because these units just received their Certificate of Occupancy in 2021, we don’t foresee many CapEx costs in the near future (such as roof issues or HVAC repairs). Based on its location and this specific asset class’ historical performance with high occupancy, we project this to provide strong returns to our investors.

More Information

For more information about this or any of our other assets…