Ankeny Mini Storage, a 51,650 square-foot facility located in Ankeny Iowa, has changed hands. The owner was a private individual. The asset was sold to an Illinois-based private investor.
Senior Vice President Dan Lynch of Colliers International represented the seller and secured the buyer in this transaction.
Ankeny Mini Storage was built in 2004. The facility encompasses 6 buildings across 3.4 acres and offers units ranging from 50 to 250 square feet. On-site amenities include 24-hour access, video surveillance, and drive-up access.
Situated at 705 SE Dalbey Dr., near Interstate 35, the property is located in Ankeny, IA which is the fastest growing and largest suburb of Des Moines IA, which is itself the fastest growing metro in the Midwest.
Pros and Cons of Self Storage SBA Loans vs. Traditional Loans
Decide wisely between SBA and traditional loans for your self-storage business. SBA offers lower down payments, but traditional loans provide lender reliability. Make informed investment choices for your storage facility.