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Listed by Chris Johnson • Brick and Beam Realty
$ 2,399,000
Est. payment /mo
Active
6240 US 277 HWY Elgin, OK 73538
54,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 54,400 sqft
Price per Sqft $44
MLS Listing ID OKC1213539
Year Built 2021
Annual Tax Amount $29,028
Acres 7.2
Property Sub-Type Special Purpose
Property Description
A Mini Storage is a modern self-storage facility built in 2021 and located along US Highway 277 in Elgin, Oklahoma. The property consists of 321 units with a desirable mix of sizes, including 64 units (5'x10'), 73 units (10'x10'), 113 units (20'x10'), and 71 units (30'x10'), serving both residential and commercial demand. Currently owner-managed and approximately 65% occupied, the facility offers a compelling value-add opportunity through increased occupancy, optimized rental rates, and improved on-site and off-site management practices. The property can be operated with an on-site manager or efficiently managed remotely, and excess land provides additional upside through future storage expansion, open parking income, or other monetization strategies.
Location
State OK
County Comanche
Zoning Commercial
Interior
Fireplace N
Building
Story 1
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