I Stor-It Portfolio

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Deal Highlights

The I Stor-It Portfolio, situated along U.S. Highway 60, offers two self-storage facilities roughly 6.2 miles away from one another in Republic, MO. The sites are at full capacity with the ability to up rental rates and expand on each site.

  • Two-Facility, Self-Storage Portfolio Comprised of Sites Located Approximately 6.2 Miles Away From One Another in Republic, MO
  • Portfolio Nearly Fully-Occupied at an Overall 98.5 Percent Physical Occupancy
  • Ability to Raise Rates by 13 Percent to Match Market Competitors
  • Maximize Revenue by Operating Walnut Facility as an Annex Location to the Maple Leaf Facility with Advantageous Proximity
  • Expansion Opportunities at Maple Leaf and Walnut Sites: Approximately 47,250 NRSF at Maple Leaf and 83,375 NRSF at Walnut
  • Favorable Traffic Counts of Over 19,000+ VPD for Both Facilities
  • No New Planned Self-Storage Developments Within a Five-Mile Radius of Each Site

Address

I Stor-It Portfolio 2745 South Maple Leaf Lane, Springfield, MO 65802

Price

TBD by Market

Pro Forma NOI

$242,802

Net Rentable Square Feet
52,290 NRSF
Lot Size

12.29

Unit Count
320
Year Built
1996
Status

Active

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