500 S G St Arkansas City, KS 67005
Self-storage facility with expansion potential in Arkansas City, Kansas.
Building Details
- Year built
- 1975
Source:
Naimartens
Listing Agency: NAI Martens 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 in Arkansas City features 6,720 square feet of net rentable space, comprising 56 units with a 96% occupancy rate. Situated in Arkansas City, the property offers potential for growth, income generation, and value-add opportunities through land for potential expansion, existing customer rent increases, and increased tenant insurance income. The property includes approximately 0.95 acres of land adjacent to the property, suitable for self-storage development as a conditional use. There is also the ability to add additional shipping containers. Arkansas City is located along U.S. Highways 77 and 166, near I-35 and the Kansas-Oklahoma border. It is part of the Wichita, KS Combined Statistical Area, approximately 60 miles southeast of Wichita. The city's economy is supported by manufacturing, agriculture, education, and logistics sectors. The property is located near Cowley State Fishing Lake and the Flint Hills. 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. There is low supply within a 3-mile range in the market and strong market occupancy statistics.
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: Enjoy a 96% occupancy rate, showcasing strong demand.; - Value-Add Potential: Increase revenue through Existing Customer Rent Increases (ECRIs) and tenant insurance income.; - Expansion Potential: Includes approximately 0.95 acres for potential expansion and additional shipping containers.
