Share This Listing

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3759 Lafayette Rd - D&S Self Storage 11,800 SF Specialty Building Offered at $793,191 CAD in Evansdale, IA 50707

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Stabilized Cash Flow: 11,800 RSF across 71 units with ~94% occupancy, offering immediate income and upside through future rent growth.
  • Expansion Potential: Opportunity to add another building, modular units, or expand outdoor parking to drive additional revenue.
  • Strong Cedar Valley Location: Evansdale near Waterloo benefits from a diverse regional economy supporting steady storage demand.
  • High Visibility, Low Customer Acquisition Cost: Strong occupancy achieved with zero advertising spend due to excellent frontage along Lafayette Rd.
  • Modern, Low-Maintenance Facility: Built in 2012 with steel exterior, concrete pavement, full fencing, and keypad gate access.

Executive Summary

D & S Self Storage is a well-maintained, high-performing storage facility serving the greater Cedar Valley region. The property comprises approximately 11,800 square feet across 71 units and is currently 94% occupied, demonstrating strong in-place demand and consistent customer retention, with no dollars currently spent on advertising. The facility offers convenient drive-up access and a variety of unit sizes to accommodate residential and small business users. Its streamlined layout and accessible location provide ease of use for tenants, while the strong occupancy level reflects the stability of the surrounding market. Additionally, there is a four place billboard with 15% of rental sales to the owner with no management required.
Just a short drive west of Evansdale, Waterloo, Iowa is a vibrant city and the county seat of Black Hawk County with a population of around 67,000 residents. Known as a major manufacturing and cultural hub in Northeast Iowa, Waterloo combines a rich industrial heritage with modern community energy. With a mix of local businesses, parks, festivals, and a growing metropolitan area (tied with neighboring Cedar Falls), Waterloo blends small-town friendliness with big-city amenities, making it an appealing backdrop for residents and businesses alike.

Property Facts

Price $793,191 CAD
Price Per SF $67.22 CAD
Sale Type Investment
Property Type
Specialty
  • Specialty Self Storage
Lot Size 1.25 AC
Building Size 11,800 SF
No. Stories 1
Year Built 2012
  • Listing ID: 39556794

  • Date on Market: 2026-02-24

  • Last Updated:

  • Address: 3759 Lafayette Rd, Evansdale, IA 50707

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}