K & K Storage

37,680 NRSF | 153 Units | Farmington, MO

Under Contract

INVESTMENT OVERVIEW

K & K Storage is a class-B self-storage asset located at 3374 Delassus Road, Farmington, MO 63640. The facility is comprised of 153 drive-up non-climate controlled units totaling 37,680 net-rentable square feet (NRSF), and is currently 82% physically occupied with an economic occupancy of 83%. K & K Storage is a turn-key facility with little-to-no capital expenditure required and is well-secured with keypad gated access and 4K fiber-optic security cameras throughout.

INVESTMENT HIGHLIGHTS

  • $39.8/sqft ($52/sqft in 3-mile market)
  • ¬†Turn-Key Facility with Little-to-no CapX Required
  • $87,389 Average Household Income (3-mile)
  • Opportunity to implement professional management and drive revenue closer to its $170,676 GPI

FACILITY SUMMARY

Property Name: K & K Storage
Address: 3374 Delassus Rd, Farmington, MO 63640
Total NRSF: 37,680 NRSF
Total Units: 153 Units
Physical Occupancy: 82%
Economic Occupancy: 83%
Building Count: 14 Buildings