6240 US Hwy 277 - Industrial FOR SALE


Elgin, OK 73538
$2,720,000 USD
405-435-3572
6240 US Hwy 277, Elgin, OK for Sale
$2,720,000 USD
Industrial - FOR SALE
1/31
null | Request Cap Rate

6240 US Hwy 277
Elgin, OK 73538


HIGHLIGHTS

  • Mini Storage

OVERVIEW

A Mini Storage is a modern self-storage facility built in 2021 and located along US Highway 277 in Elgin, Oklahoma. The property consists of 321 units with a desirable mix of sizes, including 64 units (5’x10’), 73 units (10’x10’), 113 units (20’x10’), and 71 units (30’x10’), serving both residential and commercial demand. Currently owner-managed and approximately 65% occupied, the facility offers a compelling value-add opportunity through increased occupancy, optimized rental rates, and improved on-site and off-site management practices. The property can be operated with an on-site manager or efficiently managed remotely, and excess land provides additional upside through future storage expansion, open parking income, or other monetization strategies.

FOR SALE DETAILS

PRICE

$2,720,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.2

LAND SF

313,632

ZONING

Commercial

APN/PARCEL ID

099977-2530001-00001

ASK ABOUT THIS PROPERTY

Chris JohnsonJohnson Commercial GroupMore Info
405-435-3572

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Chris JohnsonJohnson Commercial GroupMore Info
405-435-3572

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