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Active - Other for sale
Waite Park, MN
Facts & features
Why you’ll love it
- Fenced yard
Investment opportunity in the St. Cloud metro. This Waite Park self-storage facility features 32 units on 0.46 acres, built in 2002 with 6,900 rentable SF. The unit mix includes 10 (10x10), 6 (10x20), 8 (10x25), 6 (10x30), and 2 (10x50) units, covering a wide range of tenant needs. All units feature roll-up doors, steel construction, and concrete floors. The fully fenced property includes an electronic gate system with a control box upgraded in 2025, along with recent fence repairs and gate loop replacement ($10,250 in capital improvements completed by the seller). Currently 80.6% occupied with consistent rental income and a strong value-add profile. Rents on several unit sizes are below local market rates, creating meaningful upside through rent adjustments alone with no capital investment required. Two 10x50 units have moveable interior walls already on-site and can be split into smaller units, adding additional revenue and units. A property tax reassessment is in progress with potential savings. Low-overhead, owner-operated model with all tenants paying via credit card. Ideal for a self-managing investor looking for cash flow and upside in a growing central Minnesota market.
Listed by: RE/MAX Results
Co-listed by: RE/MAX Results
Source: Northstar MLS as distributed by MLS GRID, MLS#: 7048002
Based on information as of Jun 01, 2026 at 01:00am EDT.
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Affordability
$2,583/mo
- Mortgage$1,770
- Property tax$813
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Sauk River Park Add
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Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
