CP’s Stor It in West Burlington, Iowa is a fantastic opportunity for an investor to own a self storage facility with the ability to add value through improved operations and expansion. The property consists of 100 units of drive-up self storage totaling 16,064 rentable square feet. There are 20 parking spaces and an on-site office which houses the security system. 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
CubeSmart Self Storage(3rd Party Managed)$9,950,000664 Units
CubeSmart Self Storage (3rd party managed) is a new Class-A facility which opened on August 23, 2023 (ideally located at Ring Road and Tunnel Hill Road). Excellent traffic counts exceeding 20,000 VPD at the intersection on Ring Road. Strong demographics with average household incomes of $101,000 within a 5-mile radius.
CubeSmart is without question the nicest facility in town and all the competitors are 100% occupied and have been for several years. Excellent construction – Rabco building package and BCMI as the GC.
Located in the heart of Mexia, TX, Sumpter Street Storage is comprised of 18,000 SF of drive-up storage units. To be exact, 97 units in total comprise this property with no expansion land available. The facility is about 15 years old and is managed without a website or current management software. The ideal buyer for Sumpter Street Storage will see the upside potential with current rental rates and will benefit by implementing a web presence and management upgrades.
Starlo Mini Storage is located in Livingston, Montana; a rapidly expanding perimeter community of Bozeman, which is Montana’s fastest growing city. Conveniently situated on 2.836 acres within the city limits on Hwy 10, this 304-unit, 42,592 square foot facility is fully automated allowing the owners to manage it remotely with no office hours and minimal onsite commitment, while maintaining 97–100% occupancy.
Livingston was the original Gateway City to Yellowstone National Park, located on the Yellowstone River and surrounded by four mountain ranges. Easily accessible by either the Bozeman or Billings airports, the area offers an abundance of year-round outdoor activities, as well as art galleries, restaurants, and microbreweries.
Storage Near Me is a 102,625 RSF (38% climate control) facility located in Kathleen, GA, located within the Warner Robins MSA. The property is located 1 mile south of Georgia Hwy 96 and is in close proximity to residential and commercial development growth.
The project’s Phase 1 of 56,625 RSF was delivered in June 2020 and achieved stabilization occupancy of 80.65% (Economic), 92.87% (Physical) and 92.33% (Unit) prior to the 45,200 RSF Phase 2 coming online in October 2022.
Self-storage development opportunity in Richmond Hill, GA on 3.71 acres. The site has visibility from US-17, with over 21,000 cars per day.
Richmond Hill, GA (Bryan County), a suburb of Savannah, is the fastest growing county in Georgia and the 6th fastest growing county in the Country. Richmond Hill has been growing at 4.92% annually. There has been a growth rate of over 15.52% since the 2020 census. Richmond Hill is located between major metro areas Savannah, GA and Jacksonville, FL. Residential development in the area includes approximately 500 multi-family units and over 1,000 single-family units under various stages of development.
The proposed configuration is a 3-story, 84,269 GSF, climate controlled, Class A self-storage building. The subject property is zoned for use and is site plan approved. Buyer can go straight to construction drawings and permits.
Osceola Self Storage is a great opportunity to own an all-steel facility located right off of Highway 34 and Interstate 35 in the heart of Osceola, IA. The property consists of 46 units totaling 6,864 rentable square feet. The current owner added all new lights to the exterior of the facility this past year. 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
Olson Mini Storage presents a great opportunity to purchase a value-add self storage facility with room to expand. The facility has been consistently full despite no advertising spend or online presence. Olson Mini Storage sits on 1.68 acres in an undersupplied market. An experienced operator can purchase this facility below replacement cost and streamline operations to drive value. This can be done through rent rate increases, expansion, and implementing a software and revenue management system.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
Fortress Storage Solutions Portfolio1,297 Total Units
The Fortress Storage Portfolio is a 202,894 RSF (including parking) value-add storage portfolio consisting of four (4) properties located in Lawton, the county seat of Comanche County, OK. The assets are currently self-managed with the capability for further expansion to capitalize on the rapid lease-up and explosion in population growth within the trade areas. These assets provide a great entrance opportunity into Tulsa for a new market participant or accretive scale for existing operators.
Each of the properties have perimeter fencing, security gate with keypad access, on-site offices, security cameras and concrete or asphalt drives.
A short drive down the Chisholm Trail Parkway from Downton Fort Worth, TX sits StorMaxx Self Storage. Located off Main Street on the south end of Cleburne, TX, this 147-unit facility is composed of non-climate controlled units. Built in 1996 and expanded in 2016, the facility boasts a 92% unit occupancy, with a 65% economic occupancy. The facility was constructed in a fortress style model and is located on 2.23 acres of land. With low economic occupancy and below market rental rates, this value-add opportunity for the next operator of StorMaxx is in the management of the facility.
Storage Bright of Mineral Wells, TX is a 78,000 SF self storage and boat and RV facility that sits on the main thoroughfare into Mineral Wells as you come from Fort Worth, TX. Located directly in the drive path on the way to Possum Kingdom Lake, this facility has excellent exposure off Hwy 180 and caters to all varieties of tenants. The ownership has worked to get most tenants on reoccurring payments and they have cleaned up the delinquencies. The next step would be to convert older atypical units into more traditional 10×10 or 10×20 units. Additionally, there is ample expansion land included in the sale.
Store It America, located off of Iowa Highway 136, provides 44,700 rentable square feet of drive-up storage to the Clinton, Iowa market. The facility also offers 29 units of outdoor parking and storage with 24 units of parking in-place. There is ample land included to expand upon or add more units of outdoor storage.
In June 2022, current ownership completed a 4,800 square foot expansion. The site is equipped with 24 security cameras and LED exterior lighting. There is an on-site office with a unisex bathroom.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
