Street level view of Sally's Storage in Mineral Point, Missouri
Aisle view of Storage Building at Sally's Storage in Mineral Point, Missouri
Street level view, outside the fence, of Sally's Storage in Mineral Point, Missouri
Street level view of Sally's Storage in Mineral Point, Missouri
AVAILABLE
Sally's Storage
Mineral Point, Missouri
Exclusively Listed By:
EquiCap Commercial
Lead Brokers:
Marla Čolić | Senior Vice President
EquiCap Commercial
314.724.5549
Missouri License: 2016029840
Alex Erbs | Director
EquiCap Commercial
314.223.4453
Missouri License: 2018044393
DEAL SUMMARY
List Price: $595,000
NRSF: 18,960
Units: 83
Acres: 1.25
INVESTMENT HIGHLIGHTS
Cap Rate // 8.21 Percent and Pro Forma Cap Rate 10.42 Percent
Returns // Current Cash-On-Cash Return 9.1 Percent and Pro Forma 17.9 Percent Cash-On-Cash Return
Unit Mix // 83 Non-Climate Units Over 18,960 Net Rentable Square Feet
Attractive Price Per Square Foot // $31.38/ft in Growing Market within an Hour Drive of St. Louis, Missouri
Strong In-Place Occupancy // 89 Percent Physical Occupancy and 79 Percent Economic Occupancy
Automated // Facility is Gated and Fenced and Currently Run with Remote Management
INVESTMENT SUMMARY
EquiCap Commercial is honored to present for sale Sally's Storage in Mineral Point, Missouri. Sally's Storage is comprised of 83 non-climate-controlled units within 18,960 rentable square feet over approximately 1.25 acres in Mineral Point, Missouri, located approximately 50 miles southwest of the St. Louis MSA.
Sally's Storage is secured by perimeter fencing and recently installed entry and exit motorized gates, which includes a cloud based PDK keypad, directly integrating with the facility’s current management software. Other recent updates include security cameras throughout. Sally's Storage incorporates professional storage software and is currently managed remotely. As of March 2026, Sally's Storage was 89 percent physically occupied with 79 percent economic occupancy.
Listed for $595,000, Sally's Storage is a well-maintained offering that will provide an investor the opportunity to acquire an income-producing asset well positioned for continued remote management. At the listing price with updated lending terms based an annualized trailing 6 months income, an investor will appreciate 9.1 percent cash on cash return upon acquisition. By implementing steady rent increases, an investor will experience 17.9 percent, or better, cash-on-cash return by end of year two.