Self-Storage

Gopher State Storage

Elk River, MN

Asking price

$1,000,000

Units

Cap rate

—

Price / unit

$13,889

About this property

Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Gopher State Storage Back to Results NEW Elk River, MN $1,000,000 Click Here to Request Offering Memorandum Positioned along the well-trafficked Highway 169 corridor in the Minneapolis MSA, this facility benefits from robust drive-by exposure and convenient accessibility for a growing residential customer base. The property features a fully paved, perimeter-fenced site with keypad gate access, single-story drive-up units, and modern operating systems already in place, running on storEDGE with online rentals and instant gate-code delivery. Situated at the junction of U.S. Highways 10 and 169, 34 miles northwest of downtown Minneapolis, the property benefits from strong regional draw and substantial untapped demand. With a proven track record of 93% unit occupancy and 96% square-foot occupancy and stable income, plus significant upside from rate increases the seller has never implemented, Gopher State Storage presents an attractive asset for investors seeking stable, in-place cash flow with a clear path to growth. $1,000,000 View Executive Summary All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $1,000,000 11,710 RSF 72 Units 93% Occupied Contact Listing Bro