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
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