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Self-Storage Facility

Oak Crest Storage

4942 Oak Crest Hill Rd SE, Iowa City, IA 52240

Listing Price: $2,500,000

Cap Rate
6.13%
Number of Units
261
Occupancy
87.0%
Rentable SF
34,397
Price/Rentable SF
$72.68
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Oak Crest Storage located in Iowa City, Iowa. This facility was built in 1999 and features 27 climate-controlled units, 101 non-climate-controlled units, 22 enclosed parking spaces, 109 uncovered parking spaces, and two leasable offices totaling at 34,397 net rentable square feet. This is a cash flowing facility that benefits from a growing surrounding population. Oak Crest Storage sits on 5.70 acres of land and is located about 30 mile south of Cedar Rapids, Iowa.

Investment Highlights

  • Iowa City, Iowa Self-Storage Offering
  • 34,397 Net Rentable Square Feet
  • 27 Climate-Controlled Units | 101 Non-Climate-Controlled Units | 22 Enclosed Parking Spaces | 109 Uncovered Parking Spaces | Two Leasable Offices
  • Owner Managed Facility

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Self-Storage Facility

Oak Crest Storage

Listing Price: $2,500,000

Cap Rate
6.13%
Number of Units
261
Occupancy
87.0%
Rentable SF
34,397
Price/Rentable SF
$72.68
Year Built
1999

Investment Highlights

  • Iowa City, Iowa Self-Storage Offering
  • 34,397 Net Rentable Square Feet
  • 27 Climate-Controlled Units | 101 Non-Climate-Controlled Units | 22 Enclosed Parking Spaces | 109 Uncovered Parking Spaces | Two Leasable Offices
  • Owner Managed Facility

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Oak Crest Storage located in Iowa City, Iowa. This facility was built in 1999 and features 27 climate-controlled units, 101 non-climate-controlled units, 22 enclosed parking spaces, 109 uncovered parking spaces, and two leasable offices totaling at 34,397 net rentable square feet. This is a cash flowing facility that benefits from a growing surrounding population. Oak Crest Storage sits on 5.70 acres of land and is located about 30 mile south of Cedar Rapids, Iowa.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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