1989 Oil Dr Casper, WY 82604-1510
This exceptional self-storage facility in Casper, Wyoming, presents a compelling investment opportunity. Boasting 236 units within a 3.89-acre lot, this 2008-built property enjoys a prime location at 1989 Oil Dr, Casper, WY 82604. Currently operating at 80.25% occupancy, it generates a substantial net operating income (NOI) of $143,435, translating to an attractive 6.23% capitalization rate. The asking price is $2,300,618. Casper's robust economy, fueled by a growing population and expanding commercial sector, ensures consistent demand for storage solutions. The facility's strategic location within Casper, a central Wyoming hub, attracts a diverse clientele from both residential and commercial sectors. The inherent stability of the self-storage industry, characterized by minimal seasonal fluctuations and low maintenance requirements, contributes to a steady income stream and high profit margins. Favorable economic indicators in Casper further solidify this investment's long-term potential. This property offers a rare blend of strong performance, stable cash flow, and significant growth prospects in a thriving market.
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Cornerstone Vending Big Box & Wholesale Store
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Casper Mini Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.