Park Place Mini Storage Inc
Industrial
Marketing description
Opening in 2007 and expanding several times between 2015 and 2019, Park Place Mini Storage serves customers who either permanently reside in the area or who are visitors to one of the most popular vacation destinations in the country, Branson, MO. The nearby lakes drive demand with vacation rentals and the need for recreational land and water vehicles.
A satellite facility located less than a mile away, Park Place Too (585 State Hwy 76, Reeds Spring, MO 65737) was built in 2019 to accommodate large tenants. This location offers tenants an exceptionally useful design for easy maneuverability for large vehicles with wide turn radiuses.
There is potential for enhancing revenues through:
- development of expansion area
- leasing the on-site workshops and a 4-car garage (currently used by Seller) and
- leasing the 1,200 SF- 2-bedroom apartment, which has its own separate entrance
Alternatively, the offering offers an owner/operator the opportunity to live on site with numerous amenities nearby and growing cash flow.
Investment highlights
- Historically Stable Occupancy History
- Room for Expansion
- Best in Class Facility
- Excellent Visibility on Missouri Hwy 13/76
- Strong Topographical Barriers to Entry
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