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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 | Building Size | 46,148 SF |
Property Subtype | Self-Storage | Number of Floors | 1 |
Building Class | B | Year Built/Renovated | 1994/1996 |
Lot Size | 3.20 AC |
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
Parcel Numbers |
Multiple
|
Improvements Assessment | £40,040 |
Land Assessment | £14,320 | Total Assessment | £54,360 |
PROPERTY TAXES
- 730013382
- 730004483
- 730013385
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