Contacts
Brandon M. Robinson
Calvary Realty
Milburn Stevens
Calvary Realty
Eric Israel
The Virtual Realty Group
Property Details
- Property Type Industrial
- Units 21
- Additional Rent Contact for pricing
- Date Updated Nov 4, 2024
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me".
The Calvary Realty National Storage Group is excited to present a "Value Add" investment opportunity in Enid, OK. Enid is the 9th largest city in Oklahoma, strategically located 100 miles northwest of Oklahoma City and 115 miles east of Tulsa.
North Enid Suds and Storage features a single-story layout, encompassing a 2,200 square foot self-storage facility with 21 enclosed units and a 1,245 square foot car wash that includes 3 covered wash bays and 2 open vacuum bays. The property spans an 8,407 square foot lot and was originally constructed in 1978.
Financial Highlights:
• Car Wash Revenue: Approximately $1,100 per month. The car wash and vacuum machines have been recently upgraded to accept credit card payments.
• Storage Revenue: Generates $1,250 per month. Despite a temporary drop in occupancy due to recent rent adjustments, year-over-year revenue has increased. Further revenue growth is anticipated with the implementation of tenant insurance on September 1st, 2024.
Management: The property benefits from a local, on-the-ground manager who is compensated $50 per week to assist with on-site operations.
This is an excellent opportunity to own an automated, cash-flowing business in a key metropolitan area of Oklahoma.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- ESS Management Software
- Online Bill Pay & Rentals
- Car Wash Income
- New Car Wash Payment Machines
- Boots on the Ground
- Nearly 4,000 Vehicles Per Day
- Recent Rent Increases
- Drive Up Storage Units
- 9th Largest City in Oklahoma
- 6 Security Cameras
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City North Enid, OK
- Zip Code 73701
Points of Interest
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Holdings
2.22 miles
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Phillips 66
3.30 miles
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Walmart
3.86 miles
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Jiffy Trip
4.52 miles
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Wee Too
1.28 miles
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Braum's
2.62 miles
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Buffalo Wild Wings
2.64 miles
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Jimmy's Egg
2.65 miles
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McDonald's
2.66 miles
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Napoli's Italian Restaurant
3.30 miles
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Freddy's
3.72 miles
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Hideaway Pizza
4.45 miles
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Little Caesars
4.51 miles
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Sonic
4.51 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.