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33964780
33964779

7995 HWY 28, PROLE, IA 50229 For Sale

TF
IA S67594000, MN 40347633
Argus Self Storage Advisors
NG
MN MN 40347633
Argus Self Storage Advisors
Listed by Argus Self Storage Advisors
$535,000
23 days on market
Updated 23 days ago

Prole Mini Storage

Details
APN 09000100428
Property Type Self Storage
Square Footage 9,700
Units 50
Cap Rate 7.15%
Occupancy 90%
Year Built 2001
Stories 1
Acreage 1.000
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.03

Prole Mini Storage – 20 Minutes from Des Moines

Marketing description

Prole Mini Storage represents an opportunity to acquire a stabilized, cash-flowing self-storage asset with a straightforward operational profile and immediate income from day one. The facility has sustained strong occupancy without active marketing spend, filling through local demand, and established boots-on-the-ground support is already in place to assist an incoming remote owner. This 9,700 square-foot property, located just 20 minutes south of Des Moines, IA, offers a diverse unit mix including outdoor parking, gated access with keypad entry, and a clear path to stable long-term cash flow. The seller has indicated a willingness to explore seller financing, lowering the barrier to entry for buyers seeking flexibility outside of conventional debt.

The Prole market features limited self-storage competition in the immediate area, supporting the facility’s ability to maintain strong occupancy without rate concessions or aggressive marketing. Combined with a growing surrounding trade area and meaningful rate upside relative to comparable facilities nearby, an incoming owner can acquire this asset with confidence that the fundamentals support durable income well into the future.

Investment highlights

Seller Financing Available – The seller is open to financing discussions, providing flexibility for buyers outside of conventional debt

Passive Ownership Ready – Established boots-on-the-ground support is already in place, enabling seamless remote ownership from day one

No Active Marketing In-Place – The facility has maintained strong occupancy through local demand, with no reliance on paid advertising

Des Moines Metro Proximity – Located just 20 minutes south of Des Moines, the property benefits from spillover demand driven by one of the Midwest’s fastest-growing metro areas

Gated & Secured Facility – Property is fully fenced with keypad-controlled gate access, providing tenants with added security

Listing Contacts

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

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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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