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28037019
28037020

130 N Beaverdale Rd, West Burlington, IA 52655

TF
IA S67594000, MN 40347633
Argus Self Storage Advisors
AI
MN 40620458, MN
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors
$875,000
213 days on market
Updated 8 days ago

Chuck & Andy’s Big Units

Details
Property Type Self Storage
Sub Type Self Storage
Square Footage 16,912
Net Rentable (SqFt) 16,912
Units 124
Cap Rate 8.34%
NOI $72,962
Occupancy 84%
Pro-Forma Cap Rate 8.34%
Pro-Forma NOI $72,962
Price per SqFt $52
Year Built 1978, 1979, 1987, 1998
Acreage 2.030

Self Storage Facility in West Burlington, IA | 124 Units

Marketing description

Chuck & Andy’s Big Units is a well-maintained and stabilized self storage facility located in West Burlington, Iowa. The property sits on 2.03 acres and offers 16,912 rentable square feet across 124 drive-up units and outdoor parking spaces. Designed for con­venience and accessibility, the facility features wide drive aisles, gated access for outdoor storage, and a diverse mix of unit sizes to accommodate a variety of tenant needs. With a current physical occupancy of 84%, the asset generates steady in-place income with upside potential through additional lease-up, rent growth, and operational enhancements.

West Burlington, Iowa is an affordable, working-class community that supports consistent, year-round storage demand from local residents, renters, and small businesses. The city’s low cost of living, stable employment base, and proximity to the larger Burlington area make it a reliable market for self storage investment and long-term income stability.

Investment highlights

  • Strong, Stabilized Performance: The facility maintains a solid 84% occupancy, with most vacancy attributed to outdoor parking spaces. Existing cash flow, combined with meaningful upside through remaining lease-up and rent optimization, presents an attractive investment opportunity.

  • Versatile Unit Mix: Offering 124 drive-up units and outdoor parking spaces in a range of sizes, the property accommodates both residential and commercial storage needs.

  • Secure & Well-Lit Property: With exterior lighting and a comprehensive camera surveillance system, the facility ensures a secure operating environment and has experienced no security breaches in over five years.

  • Quality, Long-Lasting Construction: Durable steel and concrete block buildings ensure low maintenance costs and lasting asset value.

Listing Contacts

TF
IA S67594000, MN 40347633
Argus Self Storage Advisors
AI
MN 40620458, MN
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,962.00
$6,080.17/mo

Valuation Metrics

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DSCR
8.34%
Cap Rate
8.34%
ROI

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Additional Information

Name
Tom Flannigan
License
S67594000
Brokerage
Keller Williams Integrity Lakes
Brokerage Phone
(612) 821-7400
Brokerage Address
800 North Washington Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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