Acquire Frank Storage, a meticulously maintained, high-occupancy self-storage facility strategically located at 1011 W. 27th Street, Scottsbluff, NE. This institutional-grade asset offers a powerful combination of stabilized cash flow and significant expansion potential. Featuring 125 rentable units, including 47 climate-controlled units (38%) that cater to premium demand, the facility boasts an average vacancy rate of just 10% and streamlined management through seamless online booking.
Offered at $1,595,000, this investment represents a compelling $12,760 per door valuation, supported by lean operating expenses and documented 2024 property taxes of $5,343.70. Electric costs are equally efficient at $3,148.61. Beyond its strong fundamentals, the property includes 17,000 square feet of undeveloped land at the rear, bordering a newly developed street—zoned and ready for immediate expansion. This prime acreage unlocks the ability to increase unit count, drive revenue growth, and elevate asset value.
Located in Scottsbluff, the economic hub of Western Nebraska, the property benefits from a growing county GDP of $2.25 billion and a projected unemployment rate of 3.2% for 2025, ensuring resilient self-storage demand. Frank Storage is also part of a larger commercial portfolio in Scotts Bluff County, including eight commercial lots directly across the newly developed street, offering additional opportunities for expansion and diversification.
This is more than a storage facility—it’s a gateway to long-term growth in a thriving market. Secure your position today and capitalize on this rare opportunity to acquire a stabilized, scalable asset in one of Nebraska’s most dynamic regions.