500 S G St Arkansas City, KS 67005
Self-storage facility with expansion potential in Arkansas City, Kansas.
Property size:
6,720 SFProperty Features for 500 S G St
General Information
- Size
- 6,720 SF
Building Details
- Year built
- 1975
Source:
Naiglobal
Listing Agent: Brogan Klein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Arkansas City Storage Facility For Sale
The property is a self-storage facility located in Arkansas City, Kansas, featuring 6,720 square feet of net rentable space. It comprises 56 units and has a 96% occupancy rate. The property is situated in the heart of Arkansas City, offering potential for growth, income generation, and value-add opportunities. There is land available for potential expansion, approximately 0.95 acres adjacent to the property, which is included in the sale and classifies self-storage development as a conditional use. There is also the ability to add additional shipping containers. The property is located near U.S. Highways 77 and 166, providing access to north-south and east-west travel corridors, with proximity to I-35 and the Kansas-Oklahoma border. Arkansas City is part of the Wichita, KS Combined Statistical Area and is approximately 60 miles southeast of Wichita. The community attracts employers due to its skilled labor force, transportation access, and business-friendly environment. Value-add opportunities exist with the ability to increase revenue via Existing Customer Rent Increases (ECRI's) and increasing tenant insurance income. The property is located in south-central Kansas near the Oklahoma border, 60 miles from Wichita, 110 miles from Oklahoma City, OK, 14 miles from Winfield, and 27 miles to Ponca City, OK.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Arkansas City
- County
- Cowley
- State
- Kansas
- Longitude
- -97.02984
- Latitude
- 37.0572332
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FAQs
What type of property is this?
Self storage facility - Self-storage facility with expansion potential in Arkansas City, Kansas.
Where is this self storage facility located?
The property is located at 500 S G St Arkansas City, KS.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: - High occupancy rate of 96% indicating strong demand.; - Value-add potential through Existing Customer Rent Increases (ECRI's) and increased tenant insurance income.; - Land available for potential expansion, allowing for increased capacity and revenue.