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Multi-Site Self-Storage and Business Center
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Pending

2426 & 2430 9th Ave, Council Bluffs, IA 51501

Self-storage and business center portfolio in Council Bluffs, Iowa.

Property Size43,931 SF
Days on Market112

Property Features for 2426 & 2430 9th Ave

General Information

Standard status Pending
Size 43,931 SF
Property subtype Self Storage
Occupancy 57%
Investment Type Value Add
Net Operating Income $118,374

Building Details

Year Built 1990
Buildings 11
Stories 2
Units 278
Listing Agency: Matthews
Listed By: Mason Gates · License #20220840
Source: Crexi
Added: May 13 Changed: Aug 28 Last Checked: Sep 1 at 12:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

Cohoe Storage & Business Center is a multi-site portfolio of self-storage and business center properties in Council Bluffs, Iowa. The portfolio includes facilities at 2430 9th Ave, 2504 S 9th St, 2301 S 6th St, and 25 S 15th St, Council Bluffs, IA 51501. The properties benefit from accessibility, dense surrounding neighborhoods, and proximity to logistics, manufacturing, retail, and new residential development. The portfolio totals approximately 43,931 net rentable square feet across 278 units in 11 buildings. The properties are located near Interstates 29 and 80, just minutes from Omaha. The portfolio has a mix of storage and office units. The current occupancy is below stabilization, presenting an opportunity for revenue potential in a market with limited new supply and regional demand. This is an opportunity to reposition a self-storage portfolio and capitalize on the growth of the Council Bluffs/Omaha metro.

Key Highlights

  • Multi‑site self‑storage and business center portfolio in Council Bluffs, Iowa.
  • Significant value‑add opportunity through lease‑up, operational efficiencies, and rental rate growth.
  • Portfolio totals approximately 43,931 net rentable square feet across 278 units.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 51501, IA

34,906
Population
15,217
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
86%
High-School Grad
23.9 sq mi
ZIP Area
1,461
Density / Sq Mi
$59,314
Median Household Income
$40,229
Median Earnings
$997
Median Rent
$140,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self-storage and business center portfolio in Council Bluffs, Iowa.
Where is this self storage facility located?
The property is located at 2426 & 2430 9th Ave Council Bluffs, IA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Multi‑site self‑storage and business center portfolio in Council Bluffs, Iowa.; Significant value‑add opportunity through lease‑up, operational efficiencies, and rental rate growth.; Portfolio totals approximately 43,931 net rentable square feet across 278 units.
More about this property
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