727 Iowa St - Self-Storage Facilities FOR SALE


Hiawatha, KS 66434
$900,000 USD
708-243-9414
727 Iowa St, Hiawatha, KS for Sale
$900,000 USD
Self-Storage Facilities - FOR SALE
1/2
null | 7.1% Cap Rate

727 Iowa St
Hiawatha, KS 66434


HIGHLIGHTS

  • ±19,525 NRSF | 129 total units | $900,000 list price in Hiawatha, KS
  • 7.10% T-8 cap rate with strong in-place cash flow
  • ±80.77% physical occupancy with value-add upside
  • ±73.18% economic occupancy — room to grow income
  • Diverse unit mix: 124 non-climate-controlled units + 4 parking units
  • Total expenses only 31.6% of effective gross income

OVERVIEW

Broker Of Record Kyle Matthews Matthews Real Estate Investment Services, Inc 239429, #CO00002672 (KS) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hiawatha Storage Solutions

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

079-29-0-30-01-009.00-0

ASK ABOUT THIS PROPERTY

Robert CookMatthews REISMore Info
708-243-9414

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Robert CookMatthews REISMore Info
708-243-9414

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