Cheyenne, WY – Argus Self Storage Advisors is pleased to announce the successful sale of KO Storage – E. College Dr., a 358-unit self-storage facility totaling approximately 45,100 net rentable square feet in Cheyenne, Wyoming. Argus represented the seller in the transaction.
Located at 711 E. College Drive, the facility offers a mix of drive-up storage units along with a small office/warehouse component. The property sits on one of Cheyenne’s primary east-west corridors, near Laramie County Community College and established residential neighborhoods, with convenient access to I-25 and I-80. With occupancy in the low 80% range, the asset offered the new owner stable in-place cash flow and room to grow through lease-up and rental rate optimization.
As Wyoming’s capital and largest city, Cheyenne offers a stable economic base anchored by state government, F.E. Warren Air Force Base, and healthcare, along with a growing logistics and data center presence along the I-25 and I-80 corridors. Healthy household incomes and steady population growth in the surrounding trade area continue to support long-term demand for both residential and small-business storage.
“We’re thrilled to have gotten this deal across the finish line for our client,” said Cole Carosella, Vice President at Argus Self Storage Advisors. “KO Storage E. College Dr. is a well-located, well-maintained facility on one of Cheyenne’s busiest corridors, and the sale is a great example of the continued demand for quality self-storage in stable secondary markets across the Mountain West. We’re grateful to our client for their trust throughout the process.”
Argus Self Storage Advisors continues to be a market leader in self-storage brokerage, leveraging its national platform and local market expertise to deliver best-in-class outcomes for its clients.
Based in Denver, Colorado, Argus Self Storage Advisors (Argus) was formed in 1994 to assist owners and investors of self-storage with their real estate needs. Through the years, Argus has assembled a network of real estate brokers experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, the Argus network has 36 Broker Affiliates covering nearly 40 markets. These brokers are able to meet the needs of self-storage investors and owners whether it is acting as a buyer’s agent or listing and marketing a property. For more information call 1-800-55-STORE or visit www.argus-selfstorage.com.
