The Storage Center Self Storage Portfoli 2 Specialty Properties Offered at $18,750,000 in Multiple Locations

INVESTMENT HIGHLIGHTS

  • Institutional-quality portfolio located in the Oklahoma City MSA (a Top 50 MSA)
  • Compelling scale for new entrant into the Oklahoma City market
  • Stabilized assets with strong operating history
  • Well-positioned properties with attractive trade area demographics and supply/demand fundamentals

EXECUTIVE SUMMARY

Argus Self Storage Advisors is pleased to present this institutional-quality, two-property Oklahoma City portfolio featuring 145,115 RSF and 986 units on 8.20 acres. The properties were formerly managed by Life Storage until October 2021 to August 2023 and are now owner-managed. The assets are well-maintained and comprised of drive-up units, interior climate-controlled units and a small amount of outdoor parking.
The properties are located in attractive trade areas featuring strong Household Incomes of $78,000 (OKC) and $98,000 (Mustang) within the 3-Mile trade area.

PROPERTY FACTS

Price $18,750,000
Price / SF $126.84 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 147,820 SF
Total Land Area 8.20 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1300 E State Highway 152, Mustang, OK 73064 Specialty 57,420 SF 2001 -
3000 N Villa Ave, Oklahoma City, OK 73107 Specialty 90,400 SF 2010 -
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  • Listing ID: 29962486

  • Date on Market: 11/3/2023

  • Last Updated:

  • Address: The Storage Center Self Storage Portfoli, Mustang, OK