Bixby, Catoosa & Haskell, OK
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Pricing Guidance: $7,000,000
The Self Storage in Bixby/Catoosa offering is a 66,495 rentable square foot portfolio consisting of two (2) properties located in Bixby and Catoosa, Oklahoma. The assets were built with management flexibility providing for a combinaton of on-site and remote management. The facilities provide an attractive amount of scale for a top 55 MSA opportunity in areas of high residential growth. All facilites are equipped with security pad gate access and security cameras. The cumulative parcels measure a combined 4.12 acres.
The Bixby facility is located in a high barrier to entry market where it’s difficult to get new storage projects through the entitlement process.
Self Storage in Catoosa is a 2019 vintage property. The quality of construction and unit mix is top of market for that trade area and well-positioned for future profitability. The property is currently in lease-up with an aggressive online marketing campaign and specials to expedite the lease-up process.
The Self Storage in Haskell Development offering is 2 +/- acres of partially developed land located at 7473 N. Hwy 64, just north of Haskell, OK in Muskogee county. Demo/Excavation work has already taken place and a large portion of the concrete has been laid, including (1) 60‘x160’ & (1) 65‘x200’ slabs for storage buildings and approximately 2/3 of the driveways. There has also been some underground rough-in for electric lines. The lot has an approximate 38,000 additional square feet for future expansion.