6240 US 277 HWY, Elgin, OK 73538
6240 US 277 HWY, Elgin, OK 73538
6240 US 277 HWY, Elgin, OK 73538
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Listed by Chris Johnson • Brick and Beam Realty
$2,399,000
Est. payment /mo
54,400 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 54,400 sqft

Price per Sqft $44

MLS Listing ID OKC1213539

Year Built 2021

Annual Tax Amount $29,028

Acres 7.2

Property Sub-Type Special Purpose

Property Description

A Mini Storage is a modern self-storage facility built in 2021 and located along US Highway 277 in Elgin, Oklahoma. The property consists of 321 units with a desirable mix of sizes, including 64 units (5'x10'), 73 units (10'x10'), 113 units (20'x10'), and 71 units (30'x10'), serving both residential and commercial demand. Currently owner-managed and approximately 65% occupied, the facility offers a compelling value-add opportunity through increased occupancy, optimized rental rates, and improved on-site and off-site management practices. The property can be operated with an on-site manager or efficiently managed remotely, and excess land provides additional upside through future storage expansion, open parking income, or other monetization strategies.

Location

State OK

County Comanche

Zoning Commercial

Interior

Fireplace N

Building

Story 1

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Multiple Listing Service of Oklahoma (MLSOK)

Nearby School & Business

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Gordon Watson

Gordon Watson

+1(405) 631-2882

Broker | License ID: 80415

Broker License ID: 80415

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