Sioux Falls, SD
$5,500,000
Oscar’s Mini Storage presents a stabilized investment opportunity located in Sioux Falls, South Dakota, one of the fastest-growing cities in the Midwest. The property consists of 74,133 rentable square feet and offers a diverse mix of drive-up storage, climate-controlled units, warehouse space, and 119 outdoor parking spaces. Spread across multiple buildings and unit types, the facility currently operates at nearly 86% occupancy.
Located just off West 5th Street, the property is surrounded by a population of over 172,000 people within five miles and benefits from strong traffic patterns and access to nearby commercial corridors. The asset includes 11,550 square feet of warehouse space, all fully leased, with long-term tenants and consistent income.
Oscar’s Mini Storage presents a compelling opportunity for investors to enhance performance through modernization. By implementing professional management systems, enabling online rentals and payments, and improving digital marketing efforts, a new owner can streamline operations, drive revenue, and improve the customer experience. These operational upgrades position the property for meaningful upside and long-term value growth.
Additionally, several pieces of equipment are available for purchase, including a loader, skid steer, truck, mower, roller packer, and a parking lot sweeper, which would allow a new owner to seamlessly take over day-to-day operations.
