SOLD
Mankato, MN
Riverfront Mini Storage
$835,000
78 Units
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SOLD
Mankato, MN
Riverfront Mini Storage
$835,000
78 Units
Riverfront Mini Storage provides 15,900 rentable square feet of all-steel, drive up self storage to the growing market of Mankato, Minnesota. The 78 unit facility is conveniently located and sits on 1.11 acres of land. The property is entirely asphalt paved and equipped with LED lights.
Riverfront Mini Storage offers investors the ability to own a high quality, well-located self storage facility primed for remote management. Additionally, this opportunity allows the new owner to grow rental income by bringing existing rent rates to the market level.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Hinckley, MN
Hinckley Storage
$200,000
28 Units
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Hinckley, MN
Hinckley Storage
$200,000
28 Units
Hinckley Storage in Hinckley, Minnesota is a fantastic opportunity for an investor to own a self storage facility with the ability to add immediate value through streamlined operations and technology implementation. The facility has experienced historically high occupancy levels, providing a strong foundation for increasing rental rates and introducing ancillary revenue streams. Hinckley Storage consists of 28 units of drive-up self storage totaling 3,980 rentable square feet.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
St Cloud, MN
TCJ Storage Solutions & Commercial Suites
$975,000
99 Units
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St Cloud, MN
TCJ Storage Solutions & Commercial Suites
$975,000
99 Units
TCJ Storage Solutions presents a prime investment opportunity in a stabilized self storage business with substantial growth potential. The facility offers a diverse range of self storage, outdoor storage, and business units to cater to the needs of the thriving St. Cloud market. With a population of over 60,000 within a 5-mile radius, the property enjoys a strategic location. Additionally, some of the storage areas have 14 foot doors to accommodate access for larger vehicles, trucks and trailers.
Furthermore, the facility sits on a spacious 10-acre lot, providing ample room for expansion and exploration of additional storage or commercial rental options. Currently operating as a mom-and-pop business, TCJ Storage stands to significantly benefit from streamlined management and revenue optimization strategies. Notably, rental rates for storage and business units have remained stagnant for several years, presenting a clear opportunity to increase profitability.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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St Joseph, MN
Ridgewood Storage
$1,000,000
130 Units
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St Joseph, MN
Ridgewood Storage
$1,000,000
130 Units
Ridgewood Storages offers buyers a great opportunity to acquire 20,200 rentable square feet of drive up self storage. The Trachte manufactured buildings provide customers with all steel, high quality storage units. The site boasts great visibility from County Road 75 to 22,874 vehicles per day. There is room for expansion, with city approval in place for one additional building.
Currently a mom and pop operation, Ridgewood Storage will greatly benefit from streamlined management operations. There is no website or ability to rent online and is managed through the outdated desktop Swamp management software. The new owner has the ability to implement more sophisticated management systems and establish an online presence to drive both occupancy and revenue.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Elk River, MN
Self Storage MN
$3,500,000
190 Units
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Elk River, MN
Self Storage MN
$3,500,000
190 Units
Self Storage MN presents a fantastic opportunity to own a well-located, brand new self storage operation. The facility is situated directly off the highly visible Highway 169 in Elk River, Minnesota, offering convenient access to its customers. It provides over 41,000 rentable square feet on 8.13 acres with the opportunity to nearly double its facility’s size. Elk River is home to over 27,000 residents and is only 30 miles northwest of downtown Minneapolis.
Self Storage MN, built in 2021 and expanded upon in 2024, is fully fenced, asphalt paved, and equipped with 2 gate systems and security cameras. The current owner has done significant site work, grading and has obtained city approval for the property’s future expansion. Self Storage MN allows the new owner to capitalize on the market’s growing demand through stabilization and future expansion.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Fargo, ND
Fargo Space Center
$1,900,000
141 Units
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Fargo, ND
Fargo Space Center
$1,900,000
141 Units
Fargo Space Center offers a fantastic opportunity to acquire a well-established, fully-occupied self storage facility in the heart of Fargo, North Dakota. It provides 22,000 square feet and 141 units of drive up self storage. The facility boasts consistently high occupancy, resulting in strong rental income at $0.75 per square foot per month.
Fargo is a thriving market with a growing population and high density. The city has experienced 7.6% population growth since 2020. Fargo Space Center is ideally situated to serve the needs of both residents and businesses in the area, including the large student population at North Dakota State University (approximately 12,000 students).
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Windom, MN
Kwiklock Storage
$750,000
77 Units
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Windom, MN
Kwiklock Storage
$750,000
77 Units
Kwiklock Storage offers a great opportunity to purchase a well-located, turnkey self storage business. The facility has consistently high occupancy in a market with minimal competitors. The property has great visibility and access making it a smooth rental experience for customers. Kwiklock is equipped with Davinci Locks and external LED lighting. Current ownership runs the property remotely using the StorEdge self storage management software. Additionally, there is a local contractor who assists with onsite responsibilities and would be willing to stay on.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Rochester, MN
A & A Mini Storage
$5,300,000
525 Drive Up, 32 Climate, 7 Commercial Units
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SOLD
Rochester, MN
A & A Mini Storage
$5,300,000
525 Drive Up, 32 Climate, 7 Commercial Units
Call for Offers Due: May 22, 2024
The A&A Mini Storage listing offers a fantastic opportunity to purchase over 83,000 square feet of drive up, climate and commercial storage in the growing market of Rochester, MN. Located off of Highway 14, this facility has tremendous visibility and is situated close to the downtown area. The facility provides 564 units of drive up, climate controlled and commercial storage. The property is completely fenced and equipped with 7 security cameras. There is a 800 square foot office on-site. There is land for expansion to add outdoor parking or additional storage buildings.
Current ownership has owned and operated this facility since 1993 and has not adopted new technologies or systems. It is operated on a desktop management software with no internet and no ability to rent or pay bills online. An experienced operator can add value immediately by implementing more efficient systems to drive revenue and occupancy.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Northern Des Moines/Ames, IA
Mr. Storage Portfolio
Market Bid
1,303 Units
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SOLD
Northern Des Moines/Ames, IA
Mr. Storage Portfolio
Market Bid
1,303 Units
The Mr. Storage Portfolio provides an excellent opportunity for an operator to gain immediate market share in the northern Des Moines/Ames Iowa MSA. This portfolio provides over 215,000 rentable square feet of drive up and climate controlled storage between 14 locations.
The facilities are locally operated on one Easy Storage Solutions account with very little marketing. There is a tremendous opportunity to implement superior management practices to increase Occupancy and optimize rental rates.
The facilities are constructed with steel exteriors and a majority of the locations are paved with security cameras. Several buildings were recently constructed and are continuing to lease-up.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Shenandoah & Pacific Junction, IA
Clark Storage Portfolio
$2,100,000
310 Units
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Shenandoah & Pacific Junction, IA
Clark Storage Portfolio
$2,100,000
310 Units
Great opportunity to purchase 4 well-located self storage assets with room to grow. Clark Storage Shenandoah and Pacific Junction locations offer 48,320 rentable square feet of drive-up storage and container units. Clark Storage also offers outdoor storage and has ample room to provide additional parking, storage buildings or containers. The Shenandoah facilities are centrally located, and the Pacific Junction facility is directly off of I-29 with great site visibility. This offering allows a buyer to gain scale in these markets while implementing improved revenue management and online capabilities.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Cambridge, MN
Lucky 7 Storage
$850,000
85 Units, 12 Containers, 32 Parking Spots Units
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Cambridge, MN
Lucky 7 Storage
$850,000
85 Units, 12 Containers, 32 Parking Spots Units
Lucky 7 Storage is a great opportunity to purchase a well-located, value-add self storage business. The facility is situated in Cambridge, MN, less than an hour north of the Twin Cities MSA with strong demographics. Lucky 7 Storage consists of 19,326 rentable square feet and 85 units of self storage. The facility also includes 12 storage containers, 32 parking spots and a ~500 square foot office space that could be rented out to a tenant. This value-add opportunity allows the new owner to implement streamlined management, improve the online presence and grow rent rates and ancillary revenue sources.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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SOLD
Granite Falls, MN
Home Run Public Storage
$600,000
57 Units
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Granite Falls, MN
Home Run Public Storage
$600,000
57 Units
Home Run Public Storage in Granite Falls, Minnesota offers investors a great opportunity to own a self storage business with minimal immediate competition. With 2 locations in Granite Falls, Home Run Public Storage is well-established in the market, providing 57 units totaling 8,608 rentable square feet of drive-up self storage and 10,190 rentable square feet of heated warehouse space.
The facility’s drive-up units are consistently near 100% occupancy, allowing the new owner to capitalize on the demand through expansion. There is room to build at the Highway 212 location by way of ground up development or a conversion of additional units in the heated warehouse space. This offering is priced below the cost to build at $32 per square foot and provides a great opportunity for an entrepreneur to improve operations to create long-term value.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
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