509 Depot StIowa Falls, IA 50126
- Warehouses
- 3,000 SF
Property Details for 509 Depot St
- Year built
- 1995
- Construction
- FRAME
- Lot size
- 0.46 AC
- Property size (Sq ft)
- 3,000 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 892018176020
- APU
- 892018176020
Description
This exceptional investment opportunity presents a brand-new, 9,400-square-foot self-storage facility in Iowa Falls, IA, located at 509 Depot St, zip code 50126. Completed in March 2024, this facility offers 56 drive-up storage units, constructed with all-steel for durability and security. Priced at $475,000, this represents a compelling value, approximately $50.53 per square foot and $8,482.14 per unit, near replacement cost. The property boasts a secure environment, enhanced by a perimeter fence, external lighting, and a comprehensive camera system. Currently managed using Easy Storage Solutions software, the facility is poised for immediate rental income generation, with units available for lease starting May 2024. This presents a rare chance to acquire a turnkey operation in a market with limited competition. Offers are due June 6, 2024. This Hardin County property is a strong addition to any portfolio.
Location Insight
- City
- Iowa Falls
- County
- Hardin
- State
- Iowa
- Latitude
- 42.522
- Longitude
- -93.2567
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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