NEW
Elk River, MN
Self Storage MN
$3,500,000
190 Units
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NEW
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.
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NEW
Fargo, ND
Fargo Space Center
$1,900,000
141 Units
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NEW
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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Iowa Falls, IA
Mr. Storage
$475,000
56 Units
Mr. Storage of Iowa Falls is a great opportunity to acquire a brand new self storage facility priced around replacement cost. This facility consists of 9,400 rentable square feet and 56 units of drive up storage units with all-steel construction. The property is fenced and equipped with external lights and a camera system, creating a secure storage environment.
This opportunity allows an operator to implement their management systems immediately to lease up the brand new site in a market with limited competition. Current management runs on Easy Storage Solutions and will begin renting units in May 2024.
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Windom, MN
Kwiklock Storage
$750,000
77 Units
Final & Best Deadline: 8/1/24
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.
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UNDER CONTRACT
Rochester, MN
A & A Mini Storage
$5,300,000
525 Drive Up, 32 Climate, 7 Commercial Units
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UNDER CONTRACT
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.
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Northern Des Moines/Ames, IA
Mr. Storage Portfolio
Market Bid
1,303 Units
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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.
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SOLD
Shenandoah & Pacific Junction, IA
Clark Storage Portfolio
$2,100,000
310 Units
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SOLD
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.
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SOLD
Fargo, ND
Mini Stor All
$3,000,000
399 Units
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SOLD
Fargo, ND
Mini Stor All
$3,000,000
399 Units
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.
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SOLD
West Burlington, IA
CP’s Stor It
$550,000
100 Units
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SOLD
West Burlington, IA
CP’s Stor It
$550,000
100 Units
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.
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SOLD
Sioux City, IA
Fully Entitled Conversion Opportunity
$1,250,000
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SOLD
Sioux City, IA
Fully Entitled Conversion Opportunity
$1,250,000
Phenomenal redevelopment opportunity in downtown Sioux City, Iowa on historic 4th Street. The building site is on three parcels totaling 1.04 acres and contains 57,500 +/- GSF for a self-storage conversion. The current owner received approval for self-storage as a conditional use in the summer of 2022. Additionally, the property is located in an Opportunity Zone and adjacent to a brand new multifamily complex.
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