2115 O Avenue PlKearney, NE 68847

For Sale
$1,400,000

High-Occupancy Storage Facility, Seller Financing

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a well-maintained, 76-unit self-storage facility situated on a substantial 60,195 sq ft lot in Kearney, Nebraska. Boasting a remarkable 99% occupancy rate, this established business has a proven track record of financial success spanning over 50 years under family ownership. The property encompasses 17,332 square feet of rentable space, primarily comprised of 10' x 20' units (detailed unit breakdown available upon request). Recent improvements include new shingles and gutters on all buildings, reflecting a commitment to consistent maintenance. The property includes two tax parcels (606367030/606367050) and a small 2-bedroom home. Zoned M-2 (heavy industrial), this property is located in Map Area #3 of the City of Kearney's Comprehensive Plan and qualifies for TIF-approved projects. Utilities including water and sewer are readily available. A significant advantage is the seller's willingness to offer flexible financing options to qualified buyers, making this a truly compelling value-add proposition in the thriving Kearney market. The property's Class B designation and 1975-1998 construction years further contribute to its investment potential. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential.

Highlights

  • $1,400,000 asking price for a value-add investment opportunity.
  • 17,332 square foot special purpose property on a 60,195 square foot lot in Kearney, Nebraska.
  • 76 units with 99% occupancy.
  • M-2 zoning (heavy industrial).
  • Seller financing available.

Property Details for 2115 O Avenue Pl

Property type
Other specialty properties, Other land
Square Feet
17,332 SF
Class
B
Year Built
1975
Units
76

Location Insight

City
Kearney
County
Buffalo
State
Nebraska
Latitude
40.696562328896
Longitude
-99.063654651073
2115 O Avenue Pl, Kearney, Nebraska

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2115 O Avenue Pl
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