Call for Offers
Hard Bid Date: Monday, March 31st

Timeline
Present to Market: Monday, March 10th
Hard Bid Date*: Monday, March 31st
Request Best & Final (if necessary): Wednesday, April 2nd
Select Buyer: Thursday, April 3rd
*Owner reserves the right to move forward with a preemptive bid prior to March 31st. All dates are subject to change at Owner’s discretion.

Property Tours
Prospective purchasers are encouraged to visit the subject property prior to submitting offers. However, all property tours must be arranged in advance through Jones Investment Real Estate prior to visit. We insist you NOT DISTURB any on-site personnel as they may not be aware of the potential sale.

Offer Procedures
Offers should be in the form of a Letter of Intent (LOI) and at a minimum offer should include the:
Price
Earnest Money Deposit
Due Diligence Time Period
Closing Period
Price Allocation per property and any goodwill allocation
Any other substantial business points the buyer wants the seller to know

Parkway Mini Storage

INVESTMENT HIGHLIGHTS

Value-add opportunity with significant upside available through improving on-site and off-site management practices
Flexibility to be operated with an on-site manager or remotely managed
Currently owner/managed with no ECRI and limited tenant insurance/protection programs being
utilized
Abundant extra land within the perimeter fence line with potential monetization via open parking
expansion, storage expansion, and disposition via lot split or other strategies

GENERAL DESCRIPTION

Parkway Mini Storage is located at 1841 Sam Noble Parkway (U.S. Highway 199) in Ardmore, Oklahoma. The facility is conveniently situated near major transportation routes, including:

Interstate 35 (I-35): Approximately 3 miles west of the facility, I-35 provides north-south connectivity, facilitating easy access to and from the storage units.

U.S. Highway 70: Intersecting with I-35 in Ardmore, U.S. Highway 70 runs east-west, enhancing regional accessibility.

This strategic location offers easy access for residents of Ardmore and neighboring communities such as Dickson, Mannsville, Springer, Gene Autry, and Marietta. For outdoor enthusiasts, Lake Murray State Park is located about 10 miles southeast of Ardmore, offering recreational opportunities such as boating, fishing, and camping.

Building Characteristics:

The facility features all-metal buildings designed for durability and security. All units are ground-level, providing convenient drive-up access for easy loading and unloading.

Property Features:

Security Measures: The property is fully fenced and gated, equipped with security cameras to ensure the safety of stored items.

Vehicle and Boat Parking: In addition to standard storage units, Parkway Mini Storage offers outdoor parking options for boats, cars, and RVs, catering to a wide range of storage requirements.

ARGUS INFO

Flyer