300 29th St - Self-Storage Facilities FOR SALE


South Sioux City, NE 68776
$495,000 USD
720-909-8605
300 29th St, South Sioux City, NE for Sale
$495,000 USD
Self-Storage Facilities - FOR SALE
1/7
null | Request Cap Rate

300 29th St
South Sioux City, NE 68776


HIGHLIGHTS

  • Mom and pop ownership with revenue growth potential - Facility operates at high physical occupancy but lags on economic occupancy
  • Below-market rental rates – No formal rate management strategies in place, and current rents trail competing facilities in the market
  • Strong cashflow with scalable upside –Strategic location in growing community

OVERVIEW

Storage W is a 53 unit, 11,000 RSF self storage facility located in central South Sioux City, NE. The property offers drive-up units and ac¬cessibility, simple operations, and low maintenance costs, making it ideal for an owner-operator or investor seeking efficient management. Current occupancy is 96%, yet the facility’s economic occupancy trails at 68%, creating direct and actionable revenue growth opportunity. The existing unit mix includes a range of sizes from 100 SF to 400 SF, accommodating diverse customer needs. Storage W provides scalable returns for investors targeting stabilized storage assets. The surrounding Siouxland trade area supports strong self-storage fundamentals. Within five miles, population exceeds 96,000 and is fore¬casted to grow, with household incomes averaging over $92,000. Competitor analysis indicates that Storage W’s rents are below prevailing market rates, offering immediate room to push pricing while still remaining competitive. The facility’s accessible location near residential neighborhoods and commercial corridors enhances visibility and drive-by traffic. Investors can capitalize on both stable cash flow and oper¬ational upside, positioning Storage W as a rare small-market facility with meaningful growth potential.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Storage W

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

MX-S

APN/PARCEL ID

220033943

ASK ABOUT THIS PROPERTY

Matthew CoxArgus Self Storage AdvisorsMore Info
720-909-8605

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Matthew CoxArgus Self Storage AdvisorsMore Info
720-909-8605

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