In estments

Investments
Rob Kannapien, CCIM
Month and Year
Month and Year
 1682 W
W. Blackwell Mill Road,
Road Coeur d’Alene
d Alene

•Description: Blackwell Marina

•Listed At: $3,750,000 •Sold For: $2,750,000
•Financing: Big Equity Down / Balance by WA Trust Bank
•Previous Sale: Undisclosed •Year: Unknown
•Type of Buyer: Owner / User
 355 N
N. Bay Street
Street, Post Falls

•Description: 271 Unit Mini Storage 9.2 Cap

•Listed At: $1,861,000 •Sold For: $1,487,500
•Financing: Cash
•Previous Sale: $1,900,000 •Year: 2004
•Type of Buyer: Investor
 3093 W
W. Highway 53,
53 Rathdrum

•Description: 20 Unit Mobile Home Park

•Listed At: $695,000 •Sold For: $650,000
•Financing: Seller Financed / Partial Self Directed IRA
•Previous Sale: $300,000 •Year: 1999
•Type of Buyer: Investor
 1720 Northwest Boulevard
Boulevard, Coeur d
d’Alene
Alene

•Description: Convenience Store

•Listed At: $725,000 •Sold For: $614,000
•Financing: Cash
•Previous Sale: $1,100,000 •Year: 2007
•Type of Buyer: Owner / User
 4381 W
W. Seltice Way
Way, Coeur d’Alene
d Alene

•Description: Office / Warehouse Flex Space

•Listed At: $1,065,000 •Sold For: $850,000
•Financing: Cash
•Previous Sale: $499,000 •Year: 2003
•Type of Buyer: Owner / User, Kootenai County EMS
 8252 Wayne Avenue,
Avenue Hayden

•Description: Three Tenant Office Building / Pro Forma 8 Cap

•Listed At: $936,000 •Sold For: $775,000
•Financing: Cash
•Previous Sale: New Building •Year: Unknown
•Type of Buyer: Investor
 3840 W
W. Seltice Way
Way, Post Falls

•Description: Office Warehouse Distribution Space

•Listed At: $1,250,000 •Sold For: $690,000
•Financing: Mountain West / SBA 504
•Previous Sale: Undisclosed •Year: Unknown
•Type of Buyer: Owner / User
 421 E
E. Coeur d’Alene
d Alene Avenue,
Avenue Coeur d’Alene
d Alene

•Description: Class C Office Building

•Listed At: $749,000 •Sold For: $661,500
•Financing: Conventional / US Bank
•Previous Sale: $430,000 •Year: 2000
•Type of Buyer: Investor
 2842 W
W. Seltice Way
Way, Post Falls

•Description: Mini Storage

•Listed At: $599,900 •Sold For: $550,000
•Financing: Seller Financed
•Previous Sale: $745,000 •Year: 2004
•Type of Buyer: Owner / User
 674 N
N. Pleasant View Road
Road, Post Falls

•Description: Office Warehouse

•Listed At: $499,900 •Sold For: $475,000
•Financing: Seller Financed
•Previous Sale: Undisclosed •Year: Unknown
•Type of Buyer: Owner / User
 1844 N
N. Government Way,
Way Coeur d’Alene
d Alene

•Description: Former Greenhouse / Nursery

•Listed At: $550,000 •Sold For: $499,000
•Financing: Bank CDA / USDA
•Previous Sale: Undisclosed •Year: Unknown
•Type of Buyer: Owner / User
“We Simply attempt to be fearful when others are
greedy
g y and to be greedy
g y when others are fearful”

Warren Buffett
Thank You
For Slides
• Email robk@ccim.net
• Visit www.cbcsr.com