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Self-Storage Facility

People's Choice Storage - N Hillside

3401 N Hillside St, Wichita, KS 67219

Listing Price: $4,500,000

Cap Rate
4.18%
Number of Units
432
Occupancy
80.0%
Gross SF
55,736
Rentable SF
55,736
Price/Rentable SF
$80.74
Year Built
1975

Investment Overview

Marcus & Millichap is pleased to offer for sale People's Choice Storage located in Wichita, Kansas. This facility features 358 non-climate-controlled units, 24 covered boat & RV parking spaces, and 50 uncovered outdoor parking spaces totaling 55,736 net rentable square feet. The site is about two miles from Wichita State University. It has room for expansion and below market rents.

Investment Highlights

  • Wichita, Kansas MSA Self-Storage Offering with Upside
  • 55,736 Net Rentable Square Feet
  • 358 Non-Climate Controlled Self-Storage Units | 24 Covered Boat & RV Parking Spaces | 50 Uncovered Outdoor Parking Spaces
  • Room For Expansion

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s) KS: 00249685

    Kansas

Financing By

Self-Storage Facility

People's Choice Storage - N Hillside

Listing Price: $4,500,000

Cap Rate
4.18%
Number of Units
432
Occupancy
80.0%
Gross SF
55,736
Rentable SF
55,736
Price/Rentable SF
$80.74
Year Built
1975

Investment Highlights

  • Wichita, Kansas MSA Self-Storage Offering with Upside
  • 55,736 Net Rentable Square Feet
  • 358 Non-Climate Controlled Self-Storage Units | 24 Covered Boat & RV Parking Spaces | 50 Uncovered Outdoor Parking Spaces
  • Room For Expansion

Investment Overview

Marcus & Millichap is pleased to offer for sale People's Choice Storage located in Wichita, Kansas. This facility features 358 non-climate-controlled units, 24 covered boat & RV parking spaces, and 50 uncovered outdoor parking spaces totaling 55,736 net rentable square feet. The site is about two miles from Wichita State University. It has room for expansion and below market rents.

Broker of Record

  • David Saverin

    Senior Director Investments

    (314) 889-2555

    License(s): KS: 00249685

    Kansas

Financing By

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