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31538630
31538631

520 W Veterans Memorial Hwy, Blanchard, OK 73010

JB
TX TX 724825
Vaulted Commercial Real Estate
Listed by Vaulted Commercial Real Estate
$1,200,000
63 days on market
Updated 63 days ago

Blanchard Mini Storage

Details
Property Type Business for Sale, Self Storage
Sub Type Business and Building
Square Footage 12,520
Net Rentable (SqFt) 12,520
Units 89
Cap Rate 6.2%
NOI $74,351
Occupancy 100%
Pro-Forma Cap Rate 6.9%
Pro-Forma NOI $82,757
Price per SqFt $96
Broker Co-Op Yes
Class B
Year Built 2007
Year Renovated 2025
Buildings 5
Stories 1
Investment Type Stabilized
Occupancy Date 04/01/2026

100% Occupied Storage Facility

Marketing description

Blanchard Mini Storage presents a rare opportunity to acquire a meticulously maintained, fully occupied self-storage asset in the path of Oklahoma City’s continued growth. Owned and operated by a local, hands-on proprietor, the property has been thoughtfully developed over time—constructed one building at a time—with an evident level of care that is increasingly hard to find.

From the moment you tour the facility, the pride of ownership is unmistakable. Buildings are neatly painted and well-kept, and even the interiors of individual units have been finished with attention to detail—an uncommon feature that speaks to the owner’s commitment to quality. The property operates at 100% occupancy, demonstrating strong demand and consistent performance.

Strategically located just outside of Oklahoma City in the growing community of Blanchard, the asset is well-positioned to benefit from continued population expansion and suburban migration trends. Despite its strong occupancy, current rental rates remain below market, providing immediate upside for a new owner.

Blanchard Mini Storage offers a compelling value-add opportunity through the implementation of modern management practices, including the introduction of property management software, a professional website, and digital marketing efforts. With these enhancements, an investor can streamline operations, increase visibility, and capture additional revenue in an already proven location.

This is an ideal acquisition for an investor seeking a stabilized asset with clear operational upside, strong fundamentals, and the ability to build upon a foundation created with genuine care and attention.

Investment highlights

100% Occupied Asset with Proven Demand

Fully stabilized property with 89 units and consistent full occupancy, demonstrating strong local demand and reliable in-place income.

Attractive Value-Add Opportunity

Below-market rental rates provide immediate upside potential. Opportunity to increase revenue through strategic rate adjustments and improved operational efficiencies.

Operational Upside Through Modernization

Significant potential to enhance performance by implementing property management software, online leasing, a dedicated website, and digital marketing initiatives.

Exceptional Pride of Ownership

Locally owned and meticulously maintained facility. Buildings are well-kept, freshly painted, and even individual unit interiors are finished—an uncommon level of detail in this asset class.

Phased, Thoughtful Development

Constructed one building at a time, resulting in a cohesive, well-planned layout with careful attention to quality and longevity.

Recent Capital Improvements

New roofs installed in 2025, reducing near-term capital expenditure needs and enhancing long-term durability.

Strategic Location Near Oklahoma City

Situated in Blanchard, just outside the OKC metro, benefiting from suburban expansion and population growth trends.

Growing Submarket Fundamentals

Blanchard is experiencing rapid growth, supporting increased demand for storage and long-term appreciation potential.

Turnkey Physical Asset with Untapped Digital Presence

Strong physical condition paired with minimal current online presence creates a clear path for increased visibility and tenant acquisition.

Ideal for First-Time or Experienced Operators

Stabilized cash flow with clear upside makes this an attractive acquisition for both new investors and experienced self-storage operators looking to expand.

Listing Contacts

JB
TX TX 724825
Vaulted Commercial Real Estate
Listed by Vaulted Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,351.00
$6,195.92/mo

Valuation Metrics

0
DSCR
6.2%
Cap Rate
6.2%
ROI

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