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Listed by Dakota Chapin • Remax Signature
$849,900
Est. payment /mo
2.24 Acres Lot
New
202 E Ethel ST Drexel, MO 64742
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Mike Grbic
mikegrbicbroker@chime.meUPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2577646
Year Built 2011
Annual Tax Amount $6,700
Lot Size 2.240 Acres
Acres 2.24
Property Sub-Type Business
Source hmls
Property Description
Prime Investment Opportunity – 84-Unit Storage Complex on 2.24 Acres in Drexel, MO
Outstanding chance to own a proven income-producing property in the heart of Drexel, Missouri, just a short drive south of Kansas City and Overland Park, KS. This well-maintained 84-unit storage complex sits on 2.24 acres with excellent accessibility and visibility, serving both the local community and the surrounding region.
All units are 10x20 and designed for durability and function, featuring 7 ft overhead doors, 12 ft ceiling heights, and concrete floors. The facility is currently producing a 10% cap rate, offering investors reliable cash flow from day one.
Self-storage has long been recognized as one of the most recession-resistant and stable real estate asset classes, with consistent demand and historically strong occupancy rates. This property combines that stability with growth potential, as the acreage allows for future expansion to further increase revenue and long-term value.
Whether you are looking to expand your investment portfolio or step into a turn-key business model with steady returns, this storage complex delivers the perfect balance of income, security, and scalability.
Outstanding chance to own a proven income-producing property in the heart of Drexel, Missouri, just a short drive south of Kansas City and Overland Park, KS. This well-maintained 84-unit storage complex sits on 2.24 acres with excellent accessibility and visibility, serving both the local community and the surrounding region.
All units are 10x20 and designed for durability and function, featuring 7 ft overhead doors, 12 ft ceiling heights, and concrete floors. The facility is currently producing a 10% cap rate, offering investors reliable cash flow from day one.
Self-storage has long been recognized as one of the most recession-resistant and stable real estate asset classes, with consistent demand and historically strong occupancy rates. This property combines that stability with growth potential, as the acreage allows for future expansion to further increase revenue and long-term value.
Whether you are looking to expand your investment portfolio or step into a turn-key business model with steady returns, this storage complex delivers the perfect balance of income, security, and scalability.
Location
State MO
County Bates
Zoning C1
Interior
Fireplace N
Exterior
Exterior Feature Building Sign, Storage
Utilities Available Other
Building
Story 1
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Mike Grbic