11219 Nw 10th St

Yukon, OK 73099

About this property

10th Street Storage is a great opportunity to purchase a 320 space RV/ Boat storage facility 3/4 of a mile north of I-40 on Mustang road. Complex is made up of 64 indoor boat storage slots and approximately 256 10'x35' outdoor storage spaces. The subject property has a large amount of upside in increased rents and adding additional indoor storage that is currently in high demand. Owner has a site plan adding an additional 150 12x45 covered units to the site. Current Cap rate is based off of 100% Occupancy. Current Occupancy is approximately 65% and is increasing on a daily basis as new tenants are added. Stated gross income of the subject property fully leased is $130,680. With appropriate market rents without any improvements puts potential gross income at $186,240. This is a great opportunity to have immediate income while building additional indoor units and increasing rents. Listing agent is owner. Tenant portal is managed by StorEdge Software.

Date Listed
January 7, 2021
Listing Status
ACT
Days On Site
18
MLS#
940551

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1982
Zoning
Industrial
Square Feet
20,904
Units
0
Story(s)
1
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$1,100,000 ACT
20,904 SQFT

Presented By Select Relocation Director

South Tulsa

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Get in touch today! Phone: (918) 496-3333
Brokerage
South Tulsa
(918) 496-3333

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