277 -Storage Units In Cyril Cyril, OK 73029
- Specialty properties
- 3,742 SF
- 0.33 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 277 -Storage Units In Cyril
- Year built
- 1965
- Lot size
- 0.33 lot acres
- Property size
- 3,742 SF
- Property type
- Specialty properties
- Property subtype
- Self storage facilities
Description
This exceptional investment opportunity presents an 18-unit self-storage facility ideally situated on Highway 277 in Cyril, Oklahoma. The property, encompassing a 0.33-acre lot (14,374 square feet), boasts a total of 3,742 square feet of rentable space. The facility comprises fourteen 10'x28' units and four 5'x10' units, providing a diverse range of storage options to cater to various customer needs. Built in 1965, the property is zoned for commercial use and benefits from a strong location near established businesses such as Accel Gas Station, Budget Inn, and Daily Donuts, ensuring high visibility and potential for consistent occupancy. This multi-tenant property is offered as part of a larger portfolio sale, including three additional commercial properties and one residential property, for a total asking price of $1,599,000. The lease type is modified, and the property is currently operating under a multi-tenancy structure. This presents a compelling opportunity for investors seeking a well-established, income-generating asset in a convenient and accessible location. The property's strategic highway location and diverse unit sizes contribute to its strong potential for long-term profitability and growth. The sale includes all existing storage units and associated infrastructure. This is a turnkey operation ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cyril
- County
- Caddo
- State
- Oklahoma
- Longitude
- -98.2006
- Latitude
- 34.8965
