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Self-Storage Facility

Ace Self Storage

2400 Franklin Rd, Lawrence, KS 66046

Listing Price: $4,000,000

Cap Rate
5.97%
Number of Units
298
Occupancy
81.3%
Rentable SF
43,900
Price/Rentable SF
$91.12
Year Built
2000

Investment Overview

Marcus & Millichap is pleased to present Ace Self Storage located in Lawrence, Kansas. The facility consists of 236 non-climate-controlled units, eight Retail spaces and one apartment, totaling 43,900 net-rentable square feet. Ace Self Storage also offers 53 outdoor parking spaces. This is a stabilized, cash flowing facility with a current physical occupancy of 80.5%. The property, completed in 2000, is secure, fully fenced with on-site management and gated keypad entry gate. Ace Self Storage is located in Lawrence, Kansas which is the sixth-largest city in the state. Lawrence is approximately 25 miles east of Topeka and 35 miles west of Kansas City, Kansas. As of 2019, Lawrence’s estimated median household income was $57,829 with and estimated per capita income of $32,633.

Investment Highlights

  • 236 Non-Climate-Controlled Units
  • Eight Retail Spaces and One Apartment
  • 53 Outdoor Parking Spaces
  • Secure, Fully Fenced Facility with Gated Keypad Entry
  • 43,900 Rentable Square Feet
  • 2.5 Miles from The University of Kansas

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Self-Storage Facility

Ace Self Storage

Listing Price: $4,000,000

Cap Rate
5.97%
Number of Units
298
Occupancy
81.3%
Rentable SF
43,900
Price/Rentable SF
$91.12
Year Built
2000

Investment Highlights

  • 236 Non-Climate-Controlled Units
  • Eight Retail Spaces and One Apartment
  • 53 Outdoor Parking Spaces
  • Secure, Fully Fenced Facility with Gated Keypad Entry
  • 43,900 Rentable Square Feet
  • 2.5 Miles from The University of Kansas

Investment Overview

Marcus & Millichap is pleased to present Ace Self Storage located in Lawrence, Kansas. The facility consists of 236 non-climate-controlled units, eight Retail spaces and one apartment, totaling 43,900 net-rentable square feet. Ace Self Storage also offers 53 outdoor parking spaces. This is a stabilized, cash flowing facility with a current physical occupancy of 80.5%. The property, completed in 2000, is secure, fully fenced with on-site management and gated keypad entry gate. Ace Self Storage is located in Lawrence, Kansas which is the sixth-largest city in the state. Lawrence is approximately 25 miles east of Topeka and 35 miles west of Kansas City, Kansas. As of 2019, Lawrence’s estimated median household income was $57,829 with and estimated per capita income of $32,633.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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