1061 Banning st - Self-Storage Facilities FOR SALE


Marshfield, MO 65706
$3,295,000 USD
417-319-7758
1061 Banning st, Marshfield, MO for Sale
$3,295,000 USD
Self-Storage Facilities - FOR SALE
1/19
null | Request Cap Rate

1061 Banning st
Marshfield, MO 65706


HIGHLIGHTS

  • Newer constructed buildings at both locations
  • Potential for additional units
  • Turn key ready to go

OVERVIEW

PACKAGE INVESTMENT OPPORTUNITY: Two established self-storage facilities being sold together for a combined price. Located just 2 miles apart within the Marshfield city limits, this portfolio offers a total of 346 units and over 41,000 net rentable sq. ft. Both sites feature premium security upgrades including full fencing, 24/7 gate access, and remotely monitored security systems with automated lockouts and code changes integrated via ESS software. Both facilities offer drive up units & climate-controlled by all-electric heat pump HVAC systems. Banning location offers a few outdoor storage spots. Both locations have potential for small building additions. While currently not utilized, both locations have the ability to connect to public water and sewer. FACILITY 1: 1061 Banning St, 1.43 Acres +/- (Zoned R-3), 164 Units (Includes 4 outdoor parking spaces), Approx. 20,910 Net Rentable Sq. Ft. Currently maintained at approx. 91% occupancy. FACILITY 2: 423 S Locust St 1.37 Acres +/- (Zoned B1/B3), 182 Storage Units, Approx. 20,560 Net Rentable Sq. Ft. Currently maintained at approx. 83% occupancy. Prorata 8.66% at 95% occupancy. Cap Rate 6.54% combined as is. Includes parcel ID #11-2.0-10-001-022-001.000, ID#11-2.0-04-000-000-017.000, and parcel ID #11-2.0-10-001-002-006.000.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marshfield Self Storage LLC

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,401 SF

ZONING

C

APN/PARCEL ID

11-2.0-04-000-000-017.000

ASK ABOUT THIS PROPERTY

Randy MillardCountryside Property LLCMore Info
417-319-7758

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Randy MillardCountryside Property LLCMore Info
417-319-7758

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.