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1,692-unit self-storage portfolio trades in Kansas City
Transactions - JULY 13, 2020

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1,692-unit self-storage portfolio trades in Kansas City

by Released

SurePoint Self Storage has sold a self-storage portfolio consisting of two new facilities totaling 1,692 units in suburban Kansas City, Kan.

The financial terms and new owner were not disclosed.

The portfolio comprises the 908-unit facility at 12020 Glenwood St. in Overland Park and the 784-unit facility at 15282 W 134th Pl. in Olathe. Both properties were recently completed in 2020 and built with modern design and market-leading, class A features, including electronic access control, 24-hour video surveillance, climate-controlled and drive-up units, elevator access to upper floors and a retail-oriented customer service office that sells packing and shipping supplies. Both suburban Kansas City properties have excellent exposure to high traffic commercial roadways and a surrounding population that exceeds 85,000 residents within a three-mile radius of each property.

“These two self-storage properties are in small municipalities with a tightly controlled devel

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