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33807 State Highway 51
Wagoner, OK 74467

Pitchford Lakeside Boat & RV Storage · Speciality Property For Sale · 46,148 SF

Investment Highlights

  • Great value-add opportunity with management and expansion upside
  • Priced below replacement cost
  • Well-positioned asset with highway frontage

PROPERTY FACTS

Property Type Speciality
Property Subtype Self-Storage
Building Class B
Lot Size 3.20 AC
Building Size 46,148 SF
Number of Floors 1
Year Built/Renovated 1994/1996

About 33807 State Highway 51 , Wagoner, OK 74467

Pitchford Lakeside Boat & RV Storage is a 51,432 rentable square foot (including parking) value-add property consisting of one property for self storage, one retail building and seven mobile homes. It is located outside Wagoner, OK, twenty miles from Muskogee, OK. The asset has an on-site manager apartment, office, perimeter security fence, security cameras and security control system, sited on 3.2 acres. The storage property was built in two phases (1994, 1996). The property contains gravel driveways and significant signage on OK Hwy 51. The opportunity provides further upside through a combination of realistic strategies: •Effective tenant insurance sales strategy (they don’t sell any tenant insurance) •Re-structuring the mobile home leases or selling the assets and expanding the open parking or storage on additional land •Implementation of a website and Internet marketing presence. •Value-add upside through revenue management and occupancy increases

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 730013382
  • 730004483
  • 730013385
Land Assessment
£14,320
Improvements Assessment
£40,040
Total Assessment
£54,360

zoning

Zoning Code Rural Commercial
Rural Commercial
  • Listing ID: 18966524

  • Date on Market: 24/03/2020

  • Last Updated:

  • Address: 33807 State Highway 51, Wagoner, OK 74467

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