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Self-Storage Facility

Mason City Storage Units 3 Property Portfolio

704 6th St SW, Mason City, IA 50401

Listing Price: $8,600,000

Cap Rate
4.48%
Number of Units
671
Occupancy
87.0%
Gross SF
165,611
Rentable SF
165,611
Price/Rentable SF
$51.93
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Mason City Storage Units Three Property Portfolio located in Mason City, Iowa. This portfolio combines to feature 671 non-climate-controlled units and seven warehouse spaces totaling 165,611 net rentable square feet. This is a stabilized and cash flowing portfolio that benefits from excellent street frontage and room for expansion. The Mason City Storage Units Three Property Portfolio combines to sit on 10 acres of land.

Investment Highlights

  • Mason City, Iowa Three Property Self-Storage Portfolio
  • Combined 165,611 Net Rentable Square Feet
  • 671 Non-Climate-Controlled Units | Seven Warehouse Spaces

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Financing By

Self-Storage Facility

Mason City Storage Units 3 Property Portfolio

Listing Price: $8,600,000

Cap Rate
4.48%
Number of Units
671
Occupancy
87.0%
Gross SF
165,611
Rentable SF
165,611
Price/Rentable SF
$51.93
Year Built
1997

Investment Highlights

  • Mason City, Iowa Three Property Self-Storage Portfolio
  • Combined 165,611 Net Rentable Square Feet
  • 671 Non-Climate-Controlled Units | Seven Warehouse Spaces

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Mason City Storage Units Three Property Portfolio located in Mason City, Iowa. This portfolio combines to feature 671 non-climate-controlled units and seven warehouse spaces totaling 165,611 net rentable square feet. This is a stabilized and cash flowing portfolio that benefits from excellent street frontage and room for expansion. The Mason City Storage Units Three Property Portfolio combines to sit on 10 acres of land.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

Financing By

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