$390,000
$420,000
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240 Elm St Allison, IA 50602
Key Details
Sold Price $390,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11543279
Sold Date 12/01/25
Property Description
High-Demand, Turnkey Storage Facility in Allison, IA - 60 Units | Strong Cash Flow This is a rare opportunity to acquire a well-maintained, income-producing self-storage facility located in the heart of Allison, Iowa. With 60 total units, this property is designed to accommodate a wide range of storage needs. The unit mix includes 5 units measuring 8x20' and 55 units at 10x20' which are in high demand for storage needs. Strategically positioned in a stable, rural community with limited competition, this facility benefits from consistent occupancy and strong local demand. Tenants include homeowners, small businesses, and contractors, contributing to a steady and diversified income stream. With minimal day-to-day management required, this is a truly passive investment opportunity. This facility is ideal for both seasoned investors and first-time buyers looking to step into reliable, low-maintenance income stream. With a solid track record and room forpotential growth, this is a strong investment opportunity in a growing sector. Property Address: 240 Elm St Allison, IA 50602 306 Allan St Allison, IA 50602 Property Features: -60 total storage units -Unit sizes: 5 units (8x20') and 55 units (10x20') -Excellent rental history with consistent occupancy -Low operating costs and high net income margins -Conveniently located with easy access to surrounding communities and highways
Location
State IA
County 19023
Rooms
Dining Room 0
Kitchen 0
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