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Locked Up Storage - Stillwater

Self Storage Investment Opportunity

Listing Contacts

Active

Asking Price: $3,400,000
Address 

1730 N Jardot Rd, Stillwater, OK 74075

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Date Added
May 7, 2025
Days on Market
12 days
Time Since Last Update
12 days

Details

Property TypeSelf Storage
Investment TypeValue Add
Lease TypeGross
TenancyMulti
Square Footage48,360
Net Rentable (sq ft)42,235
Price/Sq Ft$70.31
Cap Rate3.43%
Pro-Forma Cap Rate6.47%
NOI$116,591
Pro-Forma NOI$219,860
Units227
Year Built2022
Buildings5
Stories1
ZoningCG
Lot Size (acres)3.93
APN19N02E-12-1-SZ999-000-0025
Price/Unit$14,977.97
OwnershipLocked Up Self Storage, LLC
Sale ConditionFor sale by owner
IntelligenceINTELLIGENCE
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Marketing Description

Call For Offers

Pricing Guideline: $3.400,000

Call for Offers Due June 4 2025

LockedUp Self Storage is a top-quality facility built in 2023, located in Stillwater, OK, home of Oklahoma State University.​  The property has flexibility for unmanned or light management operations.​  It is well located, surrounded by residential development and highly visible.​ 

Investment Highlights

  • Institutional quality asset located in Stillwater, OK (home of Oklahoma State University with an enrollment of 22,000+ students)

  • Strategically positioned, contiguous to a 136 residential single family home development

  • Highly desirable unit mix of non-climate, climate controlled, and enclosed RV units

  • Significant upside available through continued lease up and implementation of industry best practices for a management light or unmanned on-site management strategy

  • Cell tower income

  • Less than 9 SF per Capita with 5 Miles (8.26 according to YardiMatrix and Tract IQ)

  • Physical Occupancy – 80.01%

  • Economic Occupancy – 78.36%

  • Unit Occupancy – 81.94%

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,591.00
$9,715.92/mo

Valuation Metrics

0
DSCR
3.43%
Cap Rate
3.43%
ROI

Due Diligence

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Listing Contacts


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