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Self-Storage Facility

Lyons Mini Storage

240 25th St, Lyons, OR 97358

Listing Price: $4,500,000

Cap Rate
6.04%
Number of Units
209
Occupancy
90.0%
Gross SF
36,400
Rentable SF
36,200
Price/Rentable SF
$124.31
Year Built
1998

Investment Overview

Lyons Mini Storage is an exceptional 209 unit self storage asset located in the thriving
city of Lyons, Oregon
The acquisition of this asset will provide an investor with a self-storage facility in an
undersupplied local market with strong demographics. Additional upside can be attained
by fully stabilizing the asset.
The subject property consists of 201 self-storage units, and approximately 36,200 net
rentable square feet. The property sits on 2.21 acres and features six single-story drive-
up buildings with metal construction. Lyons Mini Storage offers a range of modern
amenities, including 24-hour surveillance, electronic gate access, ample lighting and a
full-service leasing office.
Lyons Mini Storage presents an ideal investment opportunity for those looking to enter
the self-storage market in Oregon. Local storage operators can benefit from economies
of scale, while exchange or cross-product buyers will appreciate the stable cash ow and
simplified management associated with self-storage. Additionally, local apartment
investors may diversify their portfolios and create cross-marketing opportunities between
residential and storage properties.

Investment Highlights

  • State-Of-The-Art Property Amenities - Lyons Mini Storage offers renters state-of-the-art amenities including 24-hour surveillance, electronic gate access and an on-site leasing office
  • Lyons Residential Growth - Lyons has expanded its Urban Growth Boundary by 28 acres to accommodate projected population growth, with plans to annex the land for residential development
  • Exceptional Self-Storage Investment Opportunity - Investors have the opportunity to acquire an exceptional self-storage asset with high potential cash flow

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s) OR: 201224889

    Oregon

Self-Storage Facility

Lyons Mini Storage

Listing Price: $4,500,000

Cap Rate
6.04%
Number of Units
209
Occupancy
90.0%
Gross SF
36,400
Rentable SF
36,200
Price/Rentable SF
$124.31
Year Built
1998

Investment Highlights

  • State-Of-The-Art Property Amenities - Lyons Mini Storage offers renters state-of-the-art amenities including 24-hour surveillance, electronic gate access and an on-site leasing office
  • Lyons Residential Growth - Lyons has expanded its Urban Growth Boundary by 28 acres to accommodate projected population growth, with plans to annex the land for residential development
  • Exceptional Self-Storage Investment Opportunity - Investors have the opportunity to acquire an exceptional self-storage asset with high potential cash flow

Investment Overview

Lyons Mini Storage is an exceptional 209 unit self storage asset located in the thriving city of Lyons, Oregon The acquisition of this asset will provide an investor with a self-storage facility in an undersupplied local market with strong demographics. Additional upside can be attained by fully stabilizing the asset. The subject property consists of 201 self-storage units, and approximately 36,200 net rentable square feet. The property sits on 2.21 acres and features six single-story drive- up buildings with metal construction. Lyons Mini Storage offers a range of modern amenities, including 24-hour surveillance, electronic gate access, ample lighting and a full-service leasing office. Lyons Mini Storage presents an ideal investment opportunity for those looking to enter the self-storage market in Oregon. Local storage operators can benefit from economies of scale, while exchange or cross-product buyers will appreciate the stable cash ow and simplified management associated with self-storage. Additionally, local apartment investors may diversify their portfolios and create cross-marketing opportunities between residential and storage properties.

Exclusively Listed By

Broker of Record

  • David Tabata

    Regional Manager

    (503) 200-2000

    License(s): OR: 201224889

    Oregon

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