Self Storage Facility for Sale $350,000 NOI Top Tier Nationally

Asking Price$5,200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Self Storage Facility for Sale $350,000 NOI Top Tier Nationally


Asking Price$5,200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Premier Self Storage Facility - Downtown Anchorage, Alaska

This exceptional heated self-storage facility offers a rare investment opportunity with $350,000 NOI and strong growth potential. Established in 1983, this turnkey operation has generated consistent returns for over 40 years.

Financial Performance:
• Sale Price: $5,200,000
• Annual Revenue: $459,000
• Net Operating Income: $350,000
• 17,000 square feet generating $18.72 per NSRF
• 360 total heated storage units
• Current occupancy: 89.4%

Strategic Location & Competitive Edge:
* Highest Security with no customer losses in our history. Other facilities cannot compare.
• Closest self-storage facility to downtown Anchorage
• One of few ALL heated facilities in Anchorage
• Drive-through access - essential for Alaska winters. No other Anchorage facility has this feature.
• Pricing 20% below heated competition with room for increases
• Recently expanded access hours by 43 hours weekly (7am-9pm weekdays, 9am-6pm weekends)

Recent Improvements & Growth:
• 60 new cube units completed late 2024, renting at $5+ per square foot
• New after-hours access system installed. 21 cameras with easy customer entry and exit systems.
• 32 units currently available for immediate revenue growth
• Building in excellent condition with minimal capital expenditure needs

Revenue Enhancement Opportunities:
• Implement insurance sales program
• Add administrative fees
• Optimize rental rates to market levels
• Fill remaining vacant units

Operational Excellence:
• Successfully operated by absentee owner from Colorado for 23 years
• Simple business model requiring minimal hands-on management
• Established customer base with strong demand for heated storage
• Proven track record of consistent performance

Sale Details:
• Real estate and inventory included
• Seller financing available: 20% down, 6-year balloon, 30-year amortization
• Comprehensive training: 3 weeks onsite plus ongoing phone support
• Owner retiring after successful long-term operation

This passive income generator offers exceptional returns in Alaska's stable storage market with significant upside potential through strategic improvements and market-rate optimization.
About the Business
Years in Operation
43
Employees
2 (1 Full-time, 1 Part-time)
40 Hour M-F, 5 Hours Sat.
Facilities & Assets
!7,000 SF Masonry Warehouse on platted lot Near Downtown Anchorage. Land and all interior business assets included. All office equipment. Highest security in Anchorage with 21 monitored cameras onsite. One Bedroom Apartment currently used for Owner visits. Owner visits 3-4 times per year. After down payment, the financing structure will provide funding for loan service and provide additional excess cash flow to buyer.
Website
http://maxivaults.com
Market Outlook / Competition
We are one of the few ALL Heated facilities in Anchorage, with a drive through access which our customers appreciate, especially in the winter. We have the lowest rates in Anchorage for heated storage. We are currently renting at 20% below our heated competition.
Opportunities for Growth
60 new Cube units were built in early 2025 renting at over $5.00 SF per month. 360 total units with 32 non Cube units currently available yielding a 10.6% vacancy rate. 10 of the 60 Cube units currently rented. No Insurance or admin fees are charged. Both could add to NOI. After office hours access is now available. Our customer have been asking for this. 7 am to 9 pm M-F and 9 am to 6pm Saturday & Sunday.

This is a once in a lifetime passive income generator that will pay for itself.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
17,000
About the Sale
Seller Motivation
I am 76 and ready to saddle up and ride into the sunset!!
Transition Support
3 weeks onsite training and additional phone support for an agreed upon time. This is a simple business to operate
Financing Options
20% Down Payment- 6 year Balloon Payment- 30 Year amortization
Listing Info
ID
2525258
Listing Views
42
Business Location

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Business Listed by: Mark Cupples

Listing ID: 2525258 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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