Value Add Self Storage Real Estate For Sale

Not Disclosed, TX

Central SW US


Asking Price: Annual Revenue:
$985,000 Not Disclosed

Commercial Real Estate: Industrial, Warehouse


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RE: Value Add Self Storage Real Estate For Sale Broker: Erin Bonner, LREB Independent Intermediary Broker

Quick Facts

Asking Price: $985,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 74296076
Broker Reference #: EB2002

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Business Overview:

HIGHLY CONFIDENTIAL SALE OF THIS REAL ESTATE. ANY TOUR WOULD NEED TO BE PRE-ARRANGED VIA LISTING BROKER. DO NOT DISTURB EMPLOYEES OR DISCLOSE TO OTHERS. A Confidentiality Agreement will need to be signed prior to sending the real estate flyer.

All rents are on a month to month basis. Currently low rents not adjusted for some time now. Approximately 70% leased including 10 units Owner uses.

8 X 12 - 74 UNITS 6 X 24 - 13 UNITS 10 X 20 - 20 UNITS

Another Self Storage/mini-storage business may want to improve and/or expand the existing units, or ADD new units. The price is based on the property as value-add with existing structures on 2.64 ACS. Cap rate N/A. The units do not have electric or water. (Water and utilities are on the property – just not to the units themselves.) Takes very little time to maintain the business as it exists today.

New large medical facility recently opened adjacent to this property. (The property could also be redeveloped for medical use or retail.)

The total property is +/- 2.64 ACS according to a recent survey.

Owner will relocate another existing business that doesn’t require main frontage exposure. It sits on the property which occupies +/- 7200 sf – separate facility from the self-storage units. Owner also open to leasing back the bldg. where the other business sits.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

After purchase, the owner would need negotiable time to relocate the business that occupies a +/- 7200 sf bldg., included in this real property sale.

Listing Broker Firm: ERIN BONNER LREB ; Contact at 214-236-1099 or erin@libertyexchange.com Texas law requires licenses to provide the Texas Real Estate Information About Brokerage Services found at: http://www.libertyexchange.com/commercialrealestate.shtml (paste the foregoing into your browser)The Texas Real Estate Commission Consumer Protection Notice can also be found at the same foregoing link.

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Property Features and Assets:

The storage property is located in an incorporated NE TX city. The facilities were built and expanded at various times over the years. The property is on a main thoroughfare in the developing area. Plus or minus 13,034 square feet of mini storage buildings. The property is home to an existing retail service business in a plus or minus 7,200 square feet metal retail and shop area building which will relocate post sale.

Market Competition and Expansion:

VALUE-ADD TEXAS SELF STORAGE/MINI STORAGE PROPERTY

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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