Self-Storage Facility 321 Units, ~65% Occupied

Asking Price$2,399,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,399,000
Not included in asking price
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Self-Storage Facility 321 Units, ~65% Occupied


Asking Price$2,399,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$200,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,399,000
Not included in asking price
Business Description
This is a modern self-storage facility located in Elgin, Oklahoma, within the growing Lawton metropolitan area. Built in 2021, the property offers 321 units across four popular sizes on a 54,400-square-foot footprint, with direct frontage on a major US highway for strong visibility and easy access.

The facility presents a clear value-add opportunity. It is currently owner-operated and approximately 65% occupied, leaving meaningful room to grow income toward the high occupancy levels typical of the self-storage sector. A new owner can capture upside through lease-up, optimized rental rates, and more active on-site and off-site marketing and management.

The asset suits a passive or semi-passive ownership model. It can be run with a part-time on-site manager or operated remotely using modern storage-management and online-rental tools, making it attractive to investors seeking a real-estate-backed business with limited day-to-day demands. The unit mix spans small 5x10 units up to large 30x10 units, serving both residential and commercial storage demand.

Security and infrastructure are already in place: the property is fully fenced and gated, monitored by 24-hour video surveillance, and offers extended access for tenants. The real estate is included in the asking price, eliminating lease risk and providing long-term control of the site.

Additional upside comes from excess land that can support future unit expansion, plus the potential to add open, RV, and boat parking income or other monetization strategies.

This is a rare opportunity to acquire a newer, well-built storage facility in a fast-growing Oklahoma market with multiple, identifiable paths to increased value. Contact us today to learn more and request additional information.
About the Business
Years in Operation
5
Employees
Owner-managed; can be operated with a part-time on-site manager or remotely.
Facilities & Assets
Real estate is included in the asking price: a 54,400 sq ft facility on 7.2 acres, built in 2021. The property holds 321 storage units across four sizes — 64 units 5x10, 73 units 10x10, 113 units 20x10, and 71 units 30x10 — serving residential and commercial users. Fully fenced and gated, with 24-hour video surveillance and extended tenant access. Excess land on the 7.2-acre site offers room for future unit expansion.
Market Outlook / Competition
The US self-storage market is roughly $45 billion and growing about 4% annually, with national occupancy typically in the low-90% range — well above this facility's current level, underscoring the lease-up opportunity. Elgin sits in the Lawton MSA (population ~124,000) near Fort Sill, a steady source of relocation-driven storage demand. Elgin's population has grown nearly 17% in five years, with median household income around $96,000. Direct local competition is limited.
Opportunities for Growth
Multiple identifiable paths to higher income: lease the facility up from approximately 65% toward stabilized occupancy; optimize rental rates with dynamic pricing; and add professional or remote management and marketing to drive move-ins. The excess land on the 7.2-acre parcel can support additional units, and the site offers potential for open, RV, and boat parking income or other monetization.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
54,400
About the Sale
Transition Support
The seller will assist with a smooth transition, including handover of the storage-management system, online-rental setup, tenant accounts, and vendor relationships. Operations are straightforward and can be run with a part-time on-site manager or remotely, allowing a new owner to step in with minimal disruption.
Listing Info
ID
2515504
Listing Views
48

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Business Listed by: Exit Advisors Exit Advisors

Listing ID: 2515504 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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