739 S WALNUT ST Steele MO 63877-1637

John 14:6 - Jesus said unto him "I am the Way, the Truth, and the Life. No one comes to the Father except through Me".

Prime Storage offers a rare investment opportunity in Steele, Missouri, as the only Self-Storage facility in town.

Strategically located at 743 S Walnut St on a main thoroughfare, the property enjoys strong visibility and convenient

access from US Highway 55, which sees a daily traffic count of 16,586 vehicles through the city of Steele. Situated on a

0.44-acre lot, the facility features 4,725 rentable square feet across 41 units within a single-story metal building.

With a pricing guidance of $104,000 and a price per square foot of just $22.01, this property presents a compelling

value-add opportunity. Currently operating at 51% physical occupancy, there is significant upside potential for an

investor to increase revenue through improved management and lease-up strategies. The property is equipped with

open-unit management software, making operations more efficient.

Constructed in 1990 with durable metal and steel materials, Prime Storage offers long-term structural reliability.

Additionally, the facility is located just an hour north of Memphis, Tennessee, positioning it within reach of a larger

economic hub. With seller financing available, this asset provides an accessible entry point into the Self-Storage

market while delivering a strong proforma cap rate of 26.55%

• Seller Financing Available

• 1.42 Sq. Ft. Per Capita

• Only Storage Within 10 Mile Radius

• Location on Main Thoroughfare

• 1 Hour North of Memphis, TN

• Open Unit Management Software

• Metal & Steel Construction

• Value Add Investment

• 16%+ Stabilized Cap Rate

• 43% Cash on Cash Return at Stabilization