Beacon, IA
$1,100,000
Osky Quality Storage presents an opportunity to acquire a well-maintained, newer-construction self-storage facility in Oskaloosa, Iowa. The property consists of 88 drive-up units totaling 18,200 rentable square feet across three steel buildings constructed in 2018 and 2019. At 84% occupancy and listed at $1,100,000, the asset delivers strong in-place cash flow while retaining meaningful upside through continued lease-up and rental rate growth toward market levels.
The facility operates with no active advertising in place, meaning current occupancy has been achieved entirely through organic demand. A local management presence is available, reducing operational friction for out-of-market buyers. Oskaloosa serves as the Mahaska County seat and benefits from a stable demand base supported by William Penn University, a diversified employment base, and the surrounding rural trade area. For investors seeking a low-maintenance, high-quality asset with a clear path to improved returns, Osky Quality Storage represents a compelling acquisition in a durable Iowa self-storage market.
