South Sioux City, NE
$495,000
Storage W is a 53 unit, 11,000 RSF self storage facility located in central South Sioux City, NE. The property offers drive-up units and accessibility, simple operations, and low maintenance costs, making it ideal for an owner-operator or investor seeking efficient management. Current occupancy is 96%, yet the facility’s economic occupancy trails at 68%, creating direct and actionable revenue growth opportunity. The existing unit mix includes a range of sizes from 100 SF to 400 SF, accommodating diverse customer needs. Storage W provides scalable returns for investors targeting stabilized storage assets.
The surrounding Siouxland trade area supports strong self-storage fundamentals. Within five miles, population exceeds 96,000 and is forecasted to grow, with household incomes averaging over $92,000. Competitor analysis indicates that Storage W’s rents are below prevailing market rates, offering immediate room to push pricing while still remaining competitive. The facility’s accessible location near residential neighborhoods and commercial corridors enhances visibility and drive-by traffic. Investors can capitalize on both stable cash flow and operational upside, positioning Storage W as a rare small-market facility with meaningful growth potential.
