4711 N Meridian AVE new Save Request In-Person Tour Request Virtual Tour
Warr Acres,OK 73112
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 29,460 sqft
Price per Sqft $84
MLS Listing ID OKC1184478
Year Built 1961
Annual Tax Amount $17,613
Property Sub-Type Special Purpose
Property Description
Self-Storage Facility with Office Space – Family-Owned Since 1978
This established self-storage facility, owned and operated by the same family since 1978, offers an exceptional investment opportunity. With 286 storage units of varying sizes, a property manager's apartment, and a converted house, this property combines reliable income with growth opportunities.
**Key Features:**
++286 Storage Units (90% Occupancy, 96% Rental Income): Offering a mix of unit sizes, this facility currently operates with 90% physical occupancy and 96% economic occupancy. Serving both residential and commercial clients, the facility is well-positioned for continued success and expansion.
++Property Manager's Apartment: Available, on-site living space for the property manager provides convenient oversight of daily operations, improving efficiency and reducing management costs. Currently used for storage.
++Converted House: The original home is currently used by the owners as office space, and offers strong rental potential. It could be leased to professionals (e.g., attorneys, medical offices, counselors) for an additional income stream.
++Proven Success: With over 45 years of operation, the facility has built a loyal customer base, providing consistent and reliable income. The family's attention to detail in property maintenance ensures high standards of service.
++Prime Location: Located in a high-traffic area, the facility benefits from excellent visibility and accessibility, making it a convenient choice for both residential and business customers.
++Security & Accessibility: The property features gated access and surveillance cameras. Tenants enjoy convenient access during business hours.
++Investment Potential: With solid occupancy rates, additional rental income potential, and a long history of success, this self-storage facility offers outstanding investment opportunities.
**Contact your agent today for more details and a tour of this exceptional property!**
Location
State OK
County Oklahoma
Zoning Commercial
Interior
Heating Central Gas
Cooling Central Elec
Exterior
Parking Features Additional Parking,Asphalt,Concrete
Garage Description Additional Parking,Asphalt,Concrete
Building
Sewer Public Sewer
Water Public