Self-Storage Facility
Capital City Storage Portfolio
3200 S Kansas Ave, Topeka, KS 66611
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the Capital City Storage Portfolio. This two-property self-storage portfolio offers 557 total units and 61,722 rentable square feet. This offering includes both climate and non-climate-controlled units, plus additional outdoor parking. Both locations are within 4.4 miles of each other.
The two sites are fully fenced and secured with automatic gates with OpenTech Alliance keypads, concrete drives, steel constructed buildings and video surveillance. The Kansas Avenue location provides 301 total units; the unit mix is comprised of climate-controlled, non-climate-controlled and additional outdoor parking spaces. This site has 32,822 rentable square feet. The Kansas Avenue location also has room for additional climate-controlled and portable units. The Gage Boulevard location provides 256 non-climate-controlled units and 28,900 rentable square feet.
The Capital City Storage Portfolio is located in Topeka, Kansas, the state's capital city and home to over 125,000 residents. Topeka is the fifth most populated city in Kansas with a robust history and economy. The Capital City Storage Portfolio provides investors with a two-property asset that is currently being managed by a 3rd party vendor and still has plenty of upside.
Investment Highlights
- Projected Year 5 IRR Over 25%
- New Owners Have Invested Over $300,000 in Capital Improvements
- Opportunity for Additional Climate-Controlled & Portable Units at Kansas Avenue Location
- Current Rates on Average are 30% Below Market
- 557 Total Units // 61,722 Rentable Square Feet
- Third Party Management in Place
Exclusively Listed By
Broker of Record
Financing By
Listing Price: Request For Offer
Investment Highlights
- Projected Year 5 IRR Over 25%
- New Owners Have Invested Over $300,000 in Capital Improvements
- Opportunity for Additional Climate-Controlled & Portable Units at Kansas Avenue Location
- Current Rates on Average are 30% Below Market
- 557 Total Units // 61,722 Rentable Square Feet
- Third Party Management in Place
Investment Overview
Marcus & Millichap is pleased to present the Capital City Storage Portfolio. This two-property self-storage portfolio offers 557 total units and 61,722 rentable square feet. This offering includes both climate and non-climate-controlled units, plus additional outdoor parking. Both locations are within 4.4 miles of each other. The two sites are fully fenced and secured with automatic gates with OpenTech Alliance keypads, concrete drives, steel constructed buildings and video surveillance. The Kansas Avenue location provides 301 total units; the unit mix is comprised of climate-controlled, non-climate-controlled and additional outdoor parking spaces. This site has 32,822 rentable square feet. The Kansas Avenue location also has room for additional climate-controlled and portable units. The Gage Boulevard location provides 256 non-climate-controlled units and 28,900 rentable square feet. The Capital City Storage Portfolio is located in Topeka, Kansas, the state's capital city and home to over 125,000 residents. Topeka is the fifth most populated city in Kansas with a robust history and economy. The Capital City Storage Portfolio provides investors with a two-property asset that is currently being managed by a 3rd party vendor and still has plenty of upside.
Exclusively Listed By
Broker of Record
Financing By

