902 Oskaloosa rd - Specialty FOR SALE


Beacon, IA 52534
$1,100,000 USD
612-930-6614
902 Oskaloosa rd, Beacon, IA for Sale
$1,100,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

902 Oskaloosa rd
Beacon, IA 52534


HIGHLIGHTS

  • Newer Construction with Low Maintenance Profile: Three steel buildings constructed in 2018 and 2019 offer durable, low-overhead operations
  • Strong Organic Occupancy with Upside Remaining: The facility is 84% occupied with no active advertising in place
  • Accessible Management with Local Support: A local, boots-on-the-ground referral is available to buyers
  • Stable Iowa Demand Base: Oskaloosa anchors Mahaska County as the regional county seat, with consistent storage demand driven by William Penn Univ.

OVERVIEW

Osky Quality Storage presents an opportunity to acquire a well-maintained, newer-construction self-storage facility in Oskaloosa, Iowa. The property consists of 88 drive-up units totaling 18,200 rentable square feet across three steel buildings constructed in 2018 and 2019. At 84% occupancy and listed at $1,100,000, the asset delivers strong in-place cash flow while retaining meaningful upside through continued lease-up and rental rate growth toward market levels. The facility operates with no active advertising in place, meaning current occupancy has been achieved entirely through organic demand. A local management presence is available, reducing operational friction for out-of-market buyers. Oskaloosa serves as the Mahaska County seat and benefits from a stable demand base supported by William Penn University, a diversified employment base, and the surrounding rural trade area. For investors seeking a low-maintenance, high-quality asset with a clear path to improved returns, Osky Quality Storage represents a compelling acquisition in a durable Iowa self-storage market.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Osky Quality Storage

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

-

APN/PARCEL ID

1023352019

ASK ABOUT THIS PROPERTY

Nathan GottliebArea Storage AdvisorsMore Info
612-930-6614

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Nathan GottliebArea Storage AdvisorsMore Info
612-930-6614

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