Extra Space Storage (3rd Party Managed)$6,400,000337 Units
Extra Space Storage (3rd party managed) is a self-storage conversion project which opened in July 2020 and has been managed by Extra Space since December 2022. It possesses prominent frontage with reader board signage and is located on Kenosha Street. The property is sited on 4.62 acres in a densely developed area of Broken Arrow, less than a mile from the revitalized Rose District, with strong demographics ($114,969 AHHI) and population (74.000) within the three-mile trade area.
The property has undertaken extensive renovations over the past couple of years including but not limited to:
TPO roof overlay with 20-year transferable warranty
Exterior glass window walls
Updated facility office
Storage Upside There is significant upside remaining through capturing the tenant insurance revenue, and moving forward with the approved PUD Amendment for expansion and monetizing the pad site to lower the purchase basis.
Chappell Hill Family StorageCall Broker for Price160 Units
Chappell Hill, Texas is famous for being a part of Stephen F. Austin’s original settlement colony. It is also a highly desirable second-home and ranch destination for wealthy folks from all over Texas. Built by one of Houston’s most respected car dealership owners, Chappell Hill Family Storage reflects the area’s historical architecture and the developer’s eye for finding the best site for a business. The facility’s quality and prominent location on Hwy 290 provide an enduring competitive edge. Hwy 290 is the key commuter corridor that connects Texas Hill Country towns with Houston and Austin. Accordingly, CH Family Storage maintains the highest occupancy and rental rates in the area. It will be the area’s best self-storage facility for many years to come as Chappell Hill proper and Washington County continue to grow.
With limited nearby competition, Chappell Hill Family Storage offers single story climate-controlled units in a totally enclosed and secure environment. Sizes range from 25 to 300 square feet. The larger units appeal to many new residents and businesses who move into the surrounding area. The extra acreage adjacent to the facility will provide for future expansion as population growth continues.
Space Rental, a stabilized self storage portfolio in Newton, Iowa, presents an attractive investment opportunity in a high-occupancy market. The properties span two locations, encompassing a total of 7.93 acres across Jasper County. The facilities feature 320 total units and approximately 71,188 rentable square feet, with a consistent 90% occupancy rate. Offered below replacement cost, the portfolio is priced attractively at approximately $35 per rentable square foot, providing significant value compared to new construction costs in today’s market. The facilities are complemented by outdoor parking options, catering to a mix of tenant needs.
With two strategic locations in Newton, Iowa, the facilities benefit from a stable and growing local economy supported by manufacturing, logistics, and regional commerce. Newton serves as a key community along the Interstate 80 corridor, offering convenient access to the Des Moines metropolitan area while maintaining affordable operating costs and steady tenant demand. The city’s balanced mix of residential neighborhoods and small businesses provides a reliable storage customer base, ensuring consistent occupancy and long-term income stability for investors seeking an established presence in central Iowa.
