New Richland Storage
New Richland, MN
Asking price
$640,000
Units
76
Cap rate
—
Price / unit
$8,421
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 New Richland Storage Back to Results New Richland, MN $640,000 Click Here to Request Offering Memorandum New Richland Storage is a high-performing, two-facility self-storage portfolio in New Richland, MN, comprising 76 units and 13,500 rentable square feet. The portfolio is currently 96% occupied and effectively operating at capacity, generating strong, stable cash flow with minimal management oversight. Importantly, the property includes dedicated expansion land, offering a clear, near-term value-add opportunity to meet proven demand and drive incremental NOI through additional unit development. The Highway 13 location features drive-up units, while the Broadway Avenue facility provides secure indoor units. Both facilities are managed and built for operational efficiency, with low-maintenance construction and enhanced security measures. Fully stabilized and supported by a diversified tenant base of residential, commercial, and seasonal users, New Richland Storage is a turnkey, income-producing investment with built-in upside through expansion. $640,000 View Executive Summary All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $640,000 13,500 RSF 76 Units 96%
All details
| Asking price | $640,000 |
|---|---|
| Units | 76 |
| Price per unit | $8,421 |
| Building size | 13,500 sq ft |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
