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.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes
Tulsa MSA Self Storage PortfolioCall for Price426 Units
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.
Fenton Self Storage PortfolioCall Broker for Price1,108 Units
The Fenton Storage Portfolio includes three different locations in the southwest corner of the St. Louis, Missouri Metro. The two Fenton facilities are within four miles of the each other and the Hillsboro location is approx. 20 miles to the south.
There is significant room for expansion at the Hillsboro and Fenton main facility. Fenton West has been approved for the construction of five additional storage buildings, which would replace uncovered outdoor storage.At the Hillsboro facility, a 14,000 SF expansion was completed in the Fall of 2023.
CubeSmart Self Storage(3rd Party Managed)$9,950,000664 Units
CubeSmart Self Storage (3rd party managed) is a new Class-A facility which opened on August 23, 2023 (ideally located at Ring Road and Tunnel Hill Road). Excellent traffic counts exceeding 20,000 VPD at the intersection on Ring Road. Strong demographics with average household incomes of $101,000 within a 5-mile radius.
CubeSmart is without question the nicest facility in town and all the competitors are 100% occupied and have been for several years. Excellent construction – Rabco building package and BCMI as the GC.
The property is in Lake Havasu City, AZ with a 2-minute drive from Lake Havasu and the Windsor Boat Launch. This city is known as the “personal watercraft capital of the world” with a thriving snowbird and water sport enthusiast community. With the location of this property in such close proximity to Lake Havasu, it’s a great investment for anyone trying to get into the area.
Storage Near Me is a 102,625 RSF (38% climate control) facility located in Kathleen, GA, located within the Warner Robins MSA. The property is located 1 mile south of Georgia Hwy 96 and is in close proximity to residential and commercial development growth.
The project’s Phase 1 of 56,625 RSF was delivered in June 2020 and achieved stabilization occupancy of 80.65% (Economic), 92.87% (Physical) and 92.33% (Unit) prior to the 45,200 RSF Phase 2 coming online in October 2022.
Security Storage is a strategically located 3 property self storage portfolio in Cheyenne, WY. The portfolio’s 99,602 RSF is comprised of 725 drive up self-storage units. The 3 properties have easy access and convenient proximity to all of Cheyenne’s residents. The single-story drive-up facilities were constructed between 1993 and 1996 and are concrete drive, fully fenced and well maintained. The portfolio operates at high occupancies year-round – allowing interested buyers to implement ECRIs and revenue management to increase operating income.
Cheyenne, WY, located just 100 miles north of Denver, is a vibrant city where history, culture and natural beauty converge – offering a unique blend of modern amenities and old fashioned charm. Cheyenne embraces its past while looking toward the future, offering a thriving economy, excellent schools and a strong sense of community. With a friendly atmosphere, low cost of living, and strong real estate market, Cheyenne is attractive destination for many. Wyoming is one of the few states with no individual or corporate state income tax.
The Security Storage Portfolio is an excellent opportunity to purchase a large footprint in an attractive and growing market.
We are happy to introduce you to GuardAll Self Storage which can be acquired for replacement cost, at only $119 per foot. The store is in Kingman, AZ, 90 minutes from Las Vegas, and 8 minutes away from the Kingman Airport. The five-mile fundamentals are some of the best in Mohave County and this does not count the additional demand from snowbirds that come to the area for outdoor activities and mild winter weather. GuardAll Self Storage is also a 6-minute drive from Interstate 40.
This is a pure mom/pop play with an annualized revenue of $509,800 ($43k/month) on nearly zero marketing, no call center and a basic website. Our rent survey shows the facility is on track with other nearby stores with an average of $155/unit. However, the existing customers are not on the mark with average rates. By increasing in place rents for existing customers to market rates, rental income alone will push closer to $588,000 ($49k/month).
Do not pass on this incredible value add opportunity. Due to the death of the owner/operator, there is considerable upside simply through professional management. Current unit occupancy at 57%, extreme opportunity to raise revenue through increased occupancy.
Colorado Springs is a region on the rise and on pace to be the largest city in Colorado. Located on the eastern front range of the Rocky Mountains and a 1.5 hour drive from Denver, Colorado Springs is well-positioned for growth and expansion. Businesses are continuing to choose Colorado Springs for the diverse and skilled workforce, business-friendly atmosphere and the eagerness for business to succeed.
Constructed in 2002, Eagleridge Mini Storage, in the heart of Pueblo, consists of 616 self-storage units totaling 75,350 of rentable square feet. The property has historically been very highly occupied and currently sits at 99%. The owners recently delivered a climate control expansion consisting of 65 additional units. This expansion is now full as well. The new buyer will be able to realize outsized revenue growth through revenue management due to low in-place rents.
The sale of HB Mini Storage Portfolio offers a great opportunity for a sophisticated operator to acquire six stabilized self storage locations in Central Minnesota. HB Mini Storage offers 1,463 units and 266,602 rentable square feet of self storage to Willmar, Alexandria and Redwood Falls, Minnesota. Willmar and Alexandria are less than a 1 hour drive from the St. Cloud, MN MSA while Redwood Falls and Wilmar are both less than a 90 minute drive from the Minneapolis St. Paul MSA.
The facilities were built for remote management with fences, gate systems and 24-hour rental kiosks. The current owners have taken pride in ownership in building and maintaining the highest quality facilities in the area. As a result, they have enjoyed 92-96% occupancy with very little turnover.
Area CRE Services is licensed under Keller Williams Realty Integrity Lakes