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About This Home
This 0-bedroom, 0-bathroom single family at 4711 N Meridian Avenue in Warr Acres, OK is listed for $2,250,000 ($76 per sqft). Built in 1961, the home offers 29,460 sqft of living space on a 2.04 acres lot.
Self-Storage Facility with Office Space - Family-Owned Since 1978 This established self-storage facility, owned and operated by the same family since 1978, offers an exceptional investment opportunity. With 286 storage units of varying sizes, a property manager's apartment, and a converted house, this property combines reliable income with growth opportunities.
**Key Features:** ++286 Storage Units (90% Occupancy, 96% Rental Income): Offering a mix of unit sizes, this facility currently operates with 90% physical occupancy and 96% economic occupancy. Serving both residential and commercial clients, the facility is well-positioned for continued success and expansion.
++Property Manager's Apartment: Available, on-site living space for the property manager provides convenient oversight of daily operations, improving efficiency and reducing management costs. Currently used for storage. ++Converted House: The original home is currently used by the owners as office space, and offers strong rental potential.
It could be leased to professionals (e.g., attorneys, medical offices, counselors) for an additional income stream. ++Proven Success: With over 45 years of operation, the facility has built a loyal customer base, providing consistent and reliable income.
The family's attention to detail in property maintenance ensures high standards of service. ++Prime Location: Located in a high-traffic area, the facility benefits from excellent visibility and accessibility, making it a convenient choice for both residential and business customers.
++Security & Accessibility: The property features gated access and surveillance cameras. Tenants enjoy convenient access during business hours. ++Investment Potential: With solid occupancy rates, additional rental income potential, and a long history of success, this self-storage facility offers outstanding investment opportunities. **Contact your agent today for more details and a tour of this exceptional property!**
Key Features
- Built in 1961
- 2.04 acre lot
Property Details
Amenities
Monthly Cost Estimate
$12,033/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4711 N Meridian Avenue
Warr Acres, OK 73112
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 4711 N Meridian Avenue is listed at $2,250,000 ($76/sqft). The estimated monthly payment is $9,750 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 2.04 acre lot.
This property is listed by Vickie Bailey and can be reached at 4054760503 or vickie@vickiebaileyrealtor.com.