NAI Black. Commercial Real Estate Services, Worldwide. NAI Black is a proven leader in commercial real estate brokerage and property management services serving the Inland Northwest market and beyond directly and through its NAI Global affiliation. Originally founded in 1958 as James S. Black & Company, NAI Black has nearly a five-decade track record of superior transactional performance and favorable outcomes for assets entrusted to our management. Under the direction of Chief Executive Officer David R. Black since 1984, NAI Black has been engineered to deliver cutting-edge services of the highest quality to its customers and serve a wide spectrum of real estate needs. In 2012, NAI Black was honored with the Eagle Award from NAI Global. This award is given to the NAI firm member that best exemplifies a composite of leadership, capital, and resources; a commitment to quality; the desire and energy to grow; and sharing the NAI Global vision for excellence in commercial real estate services. Our expertise, knowledge, and experience are built upon a strong foundation of recruiting and retaining top specialists in the disciplines that comprise our industry: Brokerage Services, Property Management, Development, and Corporate Services. NAI Black serves the needs of our clients in Eastern Washington, Northern Idaho, and Montana. However, our affiliation with NAI Global allows us to reach beyond our local market area and provide services to our clients on a regional, national, and global basis. We are a local company with global reach.
Lemhi Valley Storage and Business Park is a diverse opportunity offering self/mini storage units that are 95% rented and a 5+ tenant business rental with a stable income stream and one of the area’s most complete Auto Repair Services as an anchor tenant. In 2003, the Buyer bought Lemhi Valley Storage and Business Park as a long term investment realizing that he would need to spend both money and time to modernize the storage and improve the Business Park. He has met his goal and the investment has realized a reliable adjusted income of $35,000+ per year. In Salmon, this project is a very strong passive income opportunity since the Owner has relocated and continues to operate passively without site management. Recently the smaller storage units posted a monthly increase without a negative impact to customer base. The Main Street location across from the City Park I Golf Course provides strong marketing and also offers full time security for the mini storage. The storage buildings are strategically designed with four core buildings offering 12 larger rentals and four smaller units for a total of 61improved rental sites with an opportunity to add future units. The traffic and Business Park offer security for the complex that has not reported any loss for several years. Salmon, Idaho continues to be the state’s most desired destination town offering great diversity to the outdoors. Although the community has suffered the world’s demand for precious minerals impacting the areas mines, the community continues to boast improved revenue from recreation, tourist and folks settling in valley for retirement. Lemhi Valley Storage and Building Park continues to offer quality rental units. The property is 100% paved, the units have metal roofs, upgraded doors, and the offering does not have any deferred maintenance.
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