Seller's Contact Information

  • RE:  Self-Storage Portfolio
  • Contact:  Al Lorenzen

Quick Facts

Asking Price: $2,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 324253881
Broker Reference #: 001TB

Email or Print Listing

Business Overview:

Unique opportunity to acquire a value-add self-storage facility in the Western Iowa Market. This is being offered at a 7.3% Cap and room to significantly further increase rental rates.

This portfolio consists of 3 locations all within minutes of each other. The main location includes a sales office. There is a total of 15 buildings constructed between 1994 & 2020. Rents are below market and there is only one other smaller competitor and occupancy is 99%.

The owner(s) are focusing on other business interests. This is a perfect opportunity to acquire a value-add storage portfolio.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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