Self-Storage Facility
Storage City
1230 W 6th Ave, El Dorado, KS 67042
Listing Price: $6,600,000
Investment Overview
Marcus & Millichap is pleased to present Storage City, a stabilized self-storage facility located in El Dorado, Kansas, within the Wichita MSA. Strategically positioned along a prominent commercial corridor just 30 minutes from downtown Wichita, the property enjoys excellent visibility and accessibility. The property benefits from strong local demand, easy access and proximity to residential and retail zones.
With physical occupancy at 94.1%, Storage City features a diverse unit mix designed to accommodate a broad customer base. The property also offers expansion potential, providing investors with a compelling opportunity to enhance returns through operational efficiencies and fee optimization. This asset represents a rare chance to acquire a high-performing facility with immediate upside potential.
Storage City
Investment Highlights
- 92,314 Rentable Square Feet and 524 Units
- 94.1 Percent Physically Occupied with Historically High Occupancy Rates
- Strong-Performing Self-Storage Asset with Immediate Upside
- Attractive Entry Price at $71 per Square Foot
- Opportunity Implement Tenant Insurance Program and Expansion Potential
Broker of Record
Listing Price: $6,600,000
Investment Highlights
- 92,314 Rentable Square Feet and 524 Units
- 94.1 Percent Physically Occupied with Historically High Occupancy Rates
- Strong-Performing Self-Storage Asset with Immediate Upside
- Attractive Entry Price at $71 per Square Foot
- Opportunity Implement Tenant Insurance Program and Expansion Potential
Investment Overview
Marcus & Millichap is pleased to present Storage City, a stabilized self-storage facility located in El Dorado, Kansas, within the Wichita MSA. Strategically positioned along a prominent commercial corridor just 30 minutes from downtown Wichita, the property enjoys excellent visibility and accessibility. The property benefits from strong local demand, easy access and proximity to residential and retail zones. With physical occupancy at 94.1%, Storage City features a diverse unit mix designed to accommodate a broad customer base. The property also offers expansion potential, providing investors with a compelling opportunity to enhance returns through operational efficiencies and fee optimization. This asset represents a rare chance to acquire a high-performing facility with immediate upside potential.
Broker of Record
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