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Self-Storage Facility

Highline Boat & RV Storage

6006 NW Beaver Dr, Johnston, IA 50131

Listing Price: $3,500,000

Cap Rate
5.51%
Occupancy
98.0%
Rentable SF
50,720
Price/Rentable SF
$69.01
Year Built
2017

Investment Overview

Marcus & Millichap is pleased to present Highline Boat & RV Storage located in Johnston, Iowa.

Investment Highlights

  • Exceptionally High Physical Occupancy | 98% Physically Occupied
  • Meaningful Revenue Growth Potential
  • Limited Competitive Supply
  • Proximity to Saylorville Lake Marina
  • Strong Johnston/Des Moines Market Fundamentals
  • Proven Demand Drivers

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s) IA: B63379000

    Iowa

Self-Storage Facility

Highline Boat & RV Storage

Listing Price: $3,500,000

Cap Rate
5.51%
Occupancy
98.0%
Rentable SF
50,720
Price/Rentable SF
$69.01
Year Built
2017

Investment Highlights

  • Exceptionally High Physical Occupancy | 98% Physically Occupied
  • Meaningful Revenue Growth Potential
  • Limited Competitive Supply
  • Proximity to Saylorville Lake Marina
  • Strong Johnston/Des Moines Market Fundamentals
  • Proven Demand Drivers

Investment Overview

Marcus & Millichap is pleased to present Highline Boat & RV Storage located in Johnston, Iowa.

Broker of Record

  • Jon Ruzicka

    Senior Managing Director Investments

    (952) 852-9700

    License(s): IA: B63379000

    Iowa

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