Property History
Institutional-quality self-storage Certificate of Occupancy opportunity located at: 721 N Clear Springs Rd. in Mustang, Oklahoma, within the rapidly growing Oklahoma City MSA.
This newly delivered facility totals 94,835 rentable square feet across 413 units on 7.05 acres and features a highly desirable mix of climate-controlled, non-climate, and large boat/RV units, designed to serve a wide variety of storage users.
The property offers excellent visibility in modern construction with amenities including concrete drive aisles, an on-site office, security cameras, and oversized doors for RV/boat storage. The surrounding trade area has experienced strong population growth of approximately 19% since 2020 and continues to see significant single-family residential development within a 3-5 mile radius.
With a projected stabilized cap rate of 8.7% in year four, this offering presents investors with an attractive opportunity to acquire a newly built asset in a growing Oklahoma City suburb.
With a projected stabilized cap rate of 8.7% in Year 4, this offering presents investors with an attractive opportunity to acquire a newly built asset in a growing Oklahoma City suburb.
Recently delivered institutional-quality self-storage project, located in the Oklahoma City MSA a top 50 MSA.
Strong demographics, population growth (up 19% since 2020) and significant single-family residential new development within a 3-5-mile trade area.
Best-in-class construction with attractive unit mix of climate, non-climate and large Boat/RV units to accommodate a wide variety of customers.
Large average unit size - 230 RSF/Unit
Great visibility
Projected, stabilized cap rate of 8.7% in Year 4
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