Self Storage development opportunity in rapidly growing Sarasota FL! This site is 1.227 acres on busy South Tamiami Trail, a major thoroughfare between Venice and the Sarasota-Bradenton area. The site has over 370 feet of frontage along Tamiami Trail with over 31,000 cars per day. Within walking distance is major shopping retailers including Lowes, Publix, Target, Costco and more.
The proposed configuration is a 3-story, 77,000 GSF climate controlled storage building. The site has been re-zoned using the general plan shown, removing political risk. This general plan can be built with administrative approvals only, which would include submitting site/dev plan to the county for permit and SWFWMD permitting. The Phase 1 Environmental has been completed without any REC’s. No species were found in the environmental report. Geotech available. Site plan approvals expected by December 2023.
Mini Stor All is a great opportunity to purchase a well located, value-add self storage business. The facility is situated in Fargo, ND, with over 200,000 people in the 5-mile radius. Mini Stor All has visibility to over 19,000 vehicles per day and is well positioned to serve the growing area. The facility sits on 4.29 acres with room for expansion through development, portable containers or outdoor parking storage. The property is fenced with a manual gate.
Mini Stor All consists of 42,034 rentable square feet and 399 units of self storage. There is a retail space of 7,850 square feet that has had a consistent tenant for over 10 years. Additionally, there are 13 leased commercial spaces with substantial room to increase rent. This facility has tremendous potential to capitalize on the lack of operational systems and revenue management.
Great opportunity to own mostly new, and very well-maintained facilities with great visibility. The main location is on busy Route 4 with traffic counts in excess of 6,500 vpd. The other is around the corner.
Central Illinois Storage – Chatham, has been under the current ownership for 20 years and has regularly expanded to meet demand. It is always at or above 95% occupancy. There is terrific upside! New owners will benefit from changing operations from its current Mom-and-Pop style, offering tenant insurance and regularly raising rates. Many long-term tenants have never had a rent increase!
There is room to add another 200’ building on this site, and there is a 2+ acre parcel just south and contiguous to the site, that’s available.
This is a pure mom/pop play with an annualized revenue of $130,000 ($11k/month). The Payson/Star Valley market has witnessed substantial population growth over the past few years, resulting in a significant surge in demand for self-storage units. The market occupancy levels reaching close to 100% reflect the pressing need for additional storage facilities. Such high demand has prompted residents to drive 30+ miles north and south to the towns of Strawberry and Tonto Basin respectively in search of available units.
As an investor, tapping into this rising demand ensures a consistent stream of rental income, making it an attractive prospect for stable cash flow. We are looking at a highly motivated seller who is soon to retire.
University District Express Storage$1,900,000152 Units
University District Express Storage is a 152 Unit 20,548 NRSF storage, with 70% current occupancy. This is a great opportunity to acquire a up and coming facility located in Downtown Spokane, near the Gonzaga and Washington State University campuses. A Multi-Story facility with heated interior storage units (135) and (17) exterior parking spaces, plus nearly +/-17,000 SF of vacant ground to expand upon. Room to increase rents in a high occupancy rental market. No other self storage competition for 54 city blocks to the south.
4.86 acres of zoned self-storage land in Anna, TX, Recent zoning approval in high growth submarket off Hwy 75 in North Dallas, Market rent comps in the area above $1psf, with strongest competitors (Advantage Storage and Blue Sky Storage) between $1.48-$2.32/sf for 5×10 drive up and between $1.06-$1.47 for 10×15 drive up, Premier location off S. Powell Parkway, east of Highway 75.
Fort Harrison Storage is a great business opportunity for someone new to the industry or someone that wants to add to their portfolio. Excellent occupancy history with upside of pushing rates closer to market level.
Storage & RV of Iola is a 101-unit drive-up self-storage facility and 26-pad RV park on the entrance to the city of Iola, along US 54 Highway. The facility is mechanically gated and fenced and has an on-site management office and residence.
The property has benefitted from stability and has the potential for significant expansion.
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.
Dempewolf Storage is a 36,355 rentable square foot, owner managed, self-storage facility, located one mile west from Hwy 77 and 1/2 mile east of the Ponca City Regional Airport. Ponca City is located approximately 1 1/2 hours from Tulsa and 30 minutes from Stillwater, OK. The property has an on-site office, fenced perimeter, concrete drives, manual slide gate and has ample room for expansion.
Oronoco Self Storage offers investors a great opportunity to own a high quality self storage facility in an affluent and growing market. The facility provides 38,074 rentable square feet with city approval to build three buildings that would add 20,800 rentable square feet. The land is prepped and ponding has been completed to accommodate additional buildings. Oronoco Self Storage is located right off of Highway 52 with visibility to over 30,000 cars per day. The property is asphalt paved and has a recently completed fence and gate system.
The facility is currently being operated by an owner without self storage management experience. While the quality of the facility is fantastic, the lack of management experience on behalf of the owner has resulted in poor revenue and occupancy management. This opportunity allows the new owner to implement a revenue management system, improve the online presence, and offer tenant insurance to improve profitability.
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