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2426 9th Ave
Council Bluffs, IA 51501

$1,900,000 USD

Self Storage For Sale  •  6,100 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 6,100 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1990
  • Zoning I-1
0 Transit Score
50 Walk Score

Highlights

Portfolio of 4 self-storage locations totaling 43,931 NRSF and 278 units in Council Bluffs, IA.
Current cap rate of 6.25% with $118,374 NOI and significant upside as occupancy improves.
List price of $1,900,000, representing $43.22 per square foot for the portfolio.
Unit occupancy at 62% and square foot occupancy at 66%, offering value-add potential.
Strategic location near I-29, I-80, and Omaha metro, supporting strong regional demand.
Limited new supply in Council Bluffs creates favorable pricing power for well-located facilities.

Public Transportation

AirportDriveWalkDistance
Eppley Airfield 16 min - 6.6 mi
Mason Gates 602-946-4856 Matthews Real Estate Investment Services
Mason Gates 602-946-4856 Matthews Real Estate Investment Services