Ardmore Self Storage Portfolio Specialty FOR SALE


Ardmore, OK
$1,350,000 USD
585-781-4195
, Ardmore, OK for Sale
$1,350,000 USD
Specialty - FOR SALE
1/2
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Ardmore Self Storage Portfolio
Ardmore, OK


HIGHLIGHTS

  • Solid Demographics Highlighted by a Growing Population of 29,343 Residents
  • Average Household Income of $66,293 Within Five Miles of the Facilities
  • Ardmore is Located in Southern Oklahoma, Five Miles From Lake Murray State Park, a 12,500-Acre Park That Attracts Over 11 Million Visitors Per Year
  • The Ardmore MSA is the 10th Largest in the State of Oklahoma and is Home to 48,596 Residents

OVERVIEW

Heavy value-add self-storage portfolio comprised of two locations totaling 37,708 nrsf of non-climate storage, 1,150 nrsf of office/apartment space, and 15 outdoor parking spaces. The facilities are located less than two miles apart, allowing for management and operational efficiencies. The Facility at 3336 Commerce Street Sits on Five Acres and Has Ample Room for Future Expansion Opportunity to Improve Revenue Over Time Through Lease Up, Stabilization, and Implementing the Cap/Ex Improvements Needed to Bring Unrentable Units Back Online Facilities Are Located Less Than Two Miles Apart, Allowing for Management and Operational Efficiencies Solid Demographics Highlighted by a Growing Population of 29,343 Residents and an Average Household Income of $66,293 Within Five Miles of the Facilities Opportunity to Increase Revenue by Steadily Raising Below-Market Rents and Implementing Scheduled Existing Customer Rent Increases

ASK ABOUT THIS PROPERTY

Joseph LombardoFranklin StreetMore Info
585-781-4195

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Joseph LombardoFranklin StreetMore Info
585-781-4195

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