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Space Station Storage

2 Specialty Properties Offered at $2,900,000 in Augusta, KS

Executive Summary

Two prime locations in the heart of Augusta, this opportunity offers an attractive value-add potential. Currently without a website or online rentals, there's room for revenue growth with current renters below street rates and implementing tenant insurance. The property boasts a full-time onsite management team, maintenance contractor; rentals are currently only available during business hours. Situated just 20 miles east of Wichita in the growing market of Augusta, this property features a total building size of approximately 42,175 SF across 3.16 acres. With 275 traditional drive-up units, 6 outdoor RV/boat parking spaces, and an authorized UPS drop-off location, this offering presents a quality investment with upside.

Property Facts

Price $2,900,000
Price / SF $43.56 / SF
Cap Rate 7.40%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 66,570 SF
Total Land Area 1.40 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
804 12th ave, Augusta, KS 67010 Specialty 22,400 SF 1986 -
1100 Ohio St, Augusta, KS 67010 Specialty 44,170 SF 1982 -
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  • Listing ID: 34145294

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: Space Station Storage, Augusta, KS

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