Two stabilized drive-up self storage facilities in Madison County, Idaho. 173 units, lean operations, and room to grow, offered together as a single portfolio.
Madison Storage · Rexburg
This is a rare chance to acquire a 173 unit, two property self storage portfolio spanning Rexburg and Sugar City, Idaho. Both facilities sit in stable, growing submarkets where demand is driven by steady residential growth, a large year-round student population, and limited new storage supply.
The portfolio delivers immediate scale, operational efficiency, and geographic diversification within a single regional market. Five buildings totaling 25,780 net rentable square feet were constructed between 2015 and 2021, held fee simple on 1.63 acres.
Operations are intentionally lean. Total operating expenses ran just over 16 percent of revenue in 2025, leaving wide margins today and clear levers for a new owner to push, from rent optimization to technology-driven remote management.
The properties are offered as a package only. Additional financials and property detail are available on request.
Rexburg
Positioned directly on the US-20 frontage road at the south entrance to Rexburg, this facility earns constant drive-by exposure from one of the busiest corridors in Southeast Idaho. Drive-up units with wide aisles and signage visible from the highway.
Sugar City
Minutes north of Rexburg in a submarket with almost no competing supply, Sugar City Storage serves a growing bedroom community. The site includes open ground with room to add additional units, giving a new owner a built-in expansion path on land already owned.
Two full years of operating history plus current-year collections, provided by ownership. No management fee is currently carried, and the expense load is remarkably light for the asset class.
| Both facilities combined | 2024 | 2025 |
|---|---|---|
| Income | ||
| Sales / Rent | $155,000 | $152,000 |
| Services / Renters Insurance | $4,300 | $4,300 |
| Total Income | $159,300 | $156,300 |
| Expenses | ||
| Electricity | $1,080 | $1,080 |
| Insurance | $2,300 | $2,400 |
| Snow Removal | $350 | $300 |
| Software | $4,500 | $4,500 |
| Property Taxes | $9,000 | $9,000 |
| Telephone / Internet | $1,200 | $1,200 |
| Website | $6,900 | $6,900 |
| Total Expenses | $25,330 | $25,380 |
| Net Operating Income | $133,970 | $130,920 |
Just four units carried overlocks portfolio-wide as of June 29, 2026, one at Madison and three at Sugar City. A 2.3 percent delinquency rate speaks to tenant quality and consistent collections.
Collected revenue January through June 2026, with the seasonally stronger summer months still ahead at the time of reporting.
Every investor prices risk differently. Slide to any purchase price and watch the going-in cap rate, price per unit, and price per square foot update in real time, all computed against the portfolio's two year average NOI of $132,445.
The asking price is $2,600,000. All offers will be presented, and detailed financials are available to qualified buyers on request.
Computed on the 2024 to 2025 average net operating income of $132,445 as provided by ownership. Buyer to verify all figures independently.
This portfolio runs profitably today with almost no active management. Each of these levers is untouched upside on top of in-place income.
Madison Storage
Drive-Up Access
Sugar City Storage
Madison Aerial
Sugar City Signage
Madison Signage
Sugar City Aerial
Rexburg Corridor
Sugar City Grounds
The Demand BaseComplete financials, rent rolls, and property detail are available to qualified buyers. Reach out directly or view the listing on Crexi.
