3.3 Acres of Improved Commercial Land for Sale in Altoona, Iowa
435 Adventureland Dr NE, Altoona, IA 50009
Turnkey Self Storage Opportunity with High Occupancy. Welcome to a prime investment opportunity in Altoona, IA, strategically located near Interstate 80. Presenting a meticulously operated and maintained self storage facility boasting 236 units spanning across 51,780 square feet. With an impressive occupancy rate of 95.76%, this property offers a proven track record of success. Situated in a highly accessible location, this self storage facility is strategically positioned near Interstate 80, ensuring convenient access for customers. The property features a range of unit sizes, including temperature controlled options, catering to various storage needs.Offering 24/7 access, tenants can rest assured that their belongings are accessible whenever they need them. The facility's security measures ensure peace of mind for both tenants and the property's reputation.The property benefits from an on-site manager with a vested interest in the property's success. Their willingness to stay on and manage the property presents an opportunity for seamless ownership transition.With an impressive 95.76% occupancy rate, this property reflects strong demand for storage solutions in the area. Its proximity to Interstate 80 ensures a steady flow of potential customers, making it a highly sought-after location for self storage.There may be potential for investors to capitalize on the growing demand for storage solutions. See additional Build To Suit listing next door.
Directions
From I 80 take the 1st Ave N exit and head South. Turn West on Adventureland Drive and the property is on your left (North).
Property details
- County
- Polk County
- Zoning
- M-1
- Elevation
- 948 feet
- MLS Number
- DMAAR 680590
- Date Listed
Parcels
- 00360-187-339
- 00360-187-350
Property taxes
- 2022
- $109,590
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- Keller Williams Realty
Structure
- Materials
- Metal
- Roof
- Metal
- Heating
- Forced Air, Natural Gas
Property utilities
Category | Type | Status | Description |
---|---|---|---|
Gas | Natural Gas | Connected | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 24, 2024 | Price decrease | $4,300,000 | $300,000 -6.5% | DMAAR |
Oct 13, 2023 | Price decrease | $4,600,000 | $600,000 -11.5% | DMAAR |
Aug 22, 2023 | New listing | $5,200,000 | — | DMAAR |