back to map6240 U.S. Highway 277, Elgin, OK 73583
Industrial
$2,720,000
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| Details | ||
|---|---|---|
| Sale Price | $2,720,000 | |
| Size | 54,400 SF | |
| Lot Size | 7.20 Acres | |
| Year Built | 2021 | |
| Unit Count | 321 | |
| Occupancy | 64.8% | |
| Zoning | Commercial | |
| 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. | ||
Disclaimer
A real estate broker is not authorized to give legal or tax advice. No representation is made by Johnson Commercial Group or Brick & Beam Realty, its agents or employees, as to the legal effect or tax consequences of the information contained herein or any transaction relating thereto. Although all information furnished regarding property sales or financing options are from sources deemed to be reliable, such information has not been verified and no express representation is made on, or is in any way implied as to the accuracy thereof and is subject to errors, omissions, change of price, or other conditions prior to sale or withdrawal without notice.