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Self-Storage Facility

Hyde Storage

12 Midway Rd, Eldon, MO 65026

Listing Price: $850,000

Cap Rate
1.29%
Occupancy
33.0%
Rentable SF
9,000
Price/Rentable SF
$94.44
Year Built
2023

Investment Overview

Marcus and Millichap is pleased to exclusively represent for sale Hyde Storage in Eldon, Missouri. This property consists of 82 climate-controlled units and 28 parking spaces for a total of 110 units over 9,300 net rentable square feet. Hyde Storage is 2023 construction and lease-up started May 2023.

Amenities at Hyde Storage include perimeter gate and fencing, professional management software (Easy Storage Solutions) that is integrated with the gate, 17 Lorex brand security cameras and a Cloud-based DVR. Of the approximately 5,02 total acres, 3 acres are currently gated and fenced. Hyde Storage includes an on-site office with bathroom. Located on approximately 5.02 acres with room for physical expansion, Hyde Storage boasts Trachte quality buildings. Offering includes site plans for buildings B and C which total an additional 6,800 square feet. Excavation has already been completed in preparation for additional construction. As of December 2023, Hyde Storage was 33 percent physically occupied with 34 percent economic occupancy.

Eldon, Missouri is located in Central Missouri, approximately 30 miles southeast of Jefferson City, the state's capitol, and approximately 10 miles north of the Lake of the Ozarks, one of the largest man-made lakes in the world and magnet for regional tourism. Population in a 5 mile radius of Hyde Storage is 8,591 in a 5 mile radius and 3,132 in a 3 mile radius.

Listed for $850,000, Hyde Storage is a well-maintained, handsome offering that will provide an investor the ability to acquire an income producing asset presenting both physical and economic value-add opportunities. By implementing steady rent increases and increases in tenant insurance, an investor will experience 6.44 percent, or better, cash-on-cash return by end of year two.

Investment Highlights

  • Owner Financing Available
  • Approximately 5.02 Total Acres with Room for Expansion
  • 2023 Construction

Exclusively Listed By

  • Marla Čolić

    First Vice President Investments

    (314) 889-2524

    Email Marla

    License(s): MO: 2016029840

    St. Louis

  • Anne Williams

    First Vice President Investments

    (901) 620-3622

    Email Anne

    License(s): TN: 00255603, AR: PB00066390, MS: B-20181

    Memphis

Financing By

Self-Storage Facility

Hyde Storage

Listing Price: $850,000

Cap Rate
1.29%
Occupancy
33.0%
Rentable SF
9,000
Price/Rentable SF
$94.44
Year Built
2023

Investment Highlights

  • Owner Financing Available
  • Approximately 5.02 Total Acres with Room for Expansion
  • 2023 Construction

Investment Overview

Marcus and Millichap is pleased to exclusively represent for sale Hyde Storage in Eldon, Missouri. This property consists of 82 climate-controlled units and 28 parking spaces for a total of 110 units over 9,300 net rentable square feet. Hyde Storage is 2023 construction and lease-up started May 2023. Amenities at Hyde Storage include perimeter gate and fencing, professional management software (Easy Storage Solutions) that is integrated with the gate, 17 Lorex brand security cameras and a Cloud-based DVR. Of the approximately 5,02 total acres, 3 acres are currently gated and fenced. Hyde Storage includes an on-site office with bathroom. Located on approximately 5.02 acres with room for physical expansion, Hyde Storage boasts Trachte quality buildings. Offering includes site plans for buildings B and C which total an additional 6,800 square feet. Excavation has already been completed in preparation for additional construction. As of December 2023, Hyde Storage was 33 percent physically occupied with 34 percent economic occupancy. Eldon, Missouri is located in Central Missouri, approximately 30 miles southeast of Jefferson City, the state's capitol, and approximately 10 miles north of the Lake of the Ozarks, one of the largest man-made lakes in the world and magnet for regional tourism. Population in a 5 mile radius of Hyde Storage is 8,591 in a 5 mile radius and 3,132 in a 3 mile radius. Listed for $850,000, Hyde Storage is a well-maintained, handsome offering that will provide an investor the ability to acquire an income producing asset presenting both physical and economic value-add opportunities. By implementing steady rent increases and increases in tenant insurance, an investor will experience 6.44 percent, or better, cash-on-cash return by end of year two.

Exclusively Listed By

  • Marla Čolić

    First Vice President Investments

    (314) 889-2524

    Email Marla

    License(s): MO: 2016029840

    St. Louis

  • Anne Williams

    First Vice President Investments

    (901) 620-3622

    Email Anne

    License(s): TN: 00255603, AR: PB00066390, MS: B-20181

    Memphis

Financing By

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