| CREOP

Stow-Away Self Storage is a value-add facility located in Pryor, OK. The property consists of 182 non-climate controlled units totalling 29,160 SF, 4 outdoor parking spaces, and a 30x50 shop space currently being occupied by the owners, but could be made available for rent upon acquistion. Additionally, there is a ~2,600 SF house that the owners currently live in, but plan to vacate post-sale.
The facility is currently mom & pop operated and could significantly benefit from a more sophisticated and proactive management approach. The owners do not have a website or utilize any online advertising. The implementation of SEO and other online marketing strategies could significantly boost facility performance.
Revenue can be grown significantly by increasing rates to bring them more in line with market averages, as well as implementing a tenant insurance program. Tenant rates are currently ~25% below the competition.
Enhance curb appeal with strategic capex initiatives such as a fresh coat of paint, upgraded lighting, and a new camera system.

Located in Eastern Oklahoma, Pryor is centrally located between Tulsa and NW Arkansas.
Pryor is notorious for the MidAmerica Industrial Park spanning over 9,000 acres. The park is the eighth largest of its kind in the world, the third largest in the United States, and the number one largest mega site available in Oklahoma. With more than 80 companies and an employment base of more than 4,500 people in different and diverse industry segments, the park is home to five Fortune 500 companies, including the second-largest Google Data Center in the world.
MidAmerica has dedicated over 1,200 acres for new housing initiatives, with a master plan in place for approximately 1,100 new homes. Most recently, the construction of the West 530 Luxury Apartments has added 496 new 1 and 2 bedroom apartments to the trade area.