Cheyenne, WY
Call for Offers
Offers Due: July 23, 2025
The KO Storage Cheyenne portfolio consists of two strategically located self-storage facilities—711 E. College Dr. and 207 E. Prosser Rd.— positioned in the heart of Cheyenne, Wyoming. The properties are well-located within close proximity to dense residential neighborhoods and key transportation corridors, offering strong visibility and accessibility for local and regional customers. Cheyenne is Wyoming’s capital and economic hub, with a growing population base and a 94% average housing occupancy rate in the 5-mile trade area. Household income levels are robust, averaging nearly $86,000 within the extended market, which supports ongoing demand for both residential and commercial storage uses.
Collectively, the two facilities offer 557 units and 79,355 rentable square feet, including approximately 2,625 square feet of warehouse and office space—providing flexible leasing options for both traditional self-storage users and small businesses. The properties are well maintained and feature a mix of unit sizes with drive-up access, providing operational efficiency and ease of use for tenants. Current average occupancy across both sites stands at 86%. The offering presents the rare opportunity to acquire immediate in-place yield with further upside through lease-up of remaining vacancy, rental rate optimization, and streamlined management. The portfolio is a compelling investment in a steady Mountain West market.
