Locked Up Storage - Stillwater
Stabilized Self-Storage Asset with Strong Occupancy & Operational Upside
Marketing description
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 (8.97 according to YardiMatrix and Tract IQ)
Physical Occupancy – 73.83%
Economic Occupancy – 71.10%
Unit Occupancy – 72.25%
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