Sterling, KS
$875,000
LakeSide Storage presents a great opportunity to acquire the newest and cleanest self-storage facility in Sterling, Kansas. Currently in its lease-up stage, the property offers significant upside potential for an experienced operator seeking to grow occupancy and revenue in a stable market with increasing demand.
The facility is located in the heart of Kansas and sits less than 0.25 miles from KMW Ltd.’s Corporate Headquarters. In April 2024, KMW—a precision agricultural equipment manufacturer—announced a $105 million investment to build a new North American headquarters and state-of-the-art production plant on 151 acres north of Sterling. This expansion is projected to add 251 new jobs, nearly doubling their local
workforce to around 485 employees.
It is also located just 2 miles from Sterling College, a private four-year institution with 730+ students and immediate proximity to Cottonwood Lake and Sterling Lake, driving recreational storage demand. With the property still in a lease-up stage, combined with the additional room for expansion, this is a great value-add opportunity for the experienced self-storage investor.
