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Bridgewood Self Storage
Brand New Storage Unit Facility
Listing Contacts
Active
Asking Price: $2,900,000
Earnest Money Deposit: 1% min.
Address
10381 Farm to Market Rd 730 N, Azle, TX 76020
Show on MapDate Added
Apr 6, 2024
Days on Market
346 days
Time Since Last Update
47 days
Details
Property TypeSelf Storage
SubtypeStorage Units
TenancyMulti
Square Footage13,500
Net Rentable (sq ft)13,500
Price/Sq Ft$214.81
Cap Rate3.90%
Pro-Forma Cap Rate10.07%
Occupancy49%
Pro-Forma NOI$292,000
Units90
Year Built2023
Buildings3
Stories1
ZoningCommercial
Lot Size (acres)7
Marketing Description
Brand New Self Storage facility in a growing city! Own 7 acres of full potential. This property currently has 3 buildings , 90 units total, with land to expand with more units. It also has 2 gated areas. The first houses the storage units, the second is open space that could be subleased to another company for storage of large commercial vehicles or construction equipment, or used to lease for storage of boats, RV’s, Campers, etc. The rent of the units is all virtual/online. No need for an onsite manager. The property sits right off of the main highway running through Azle. Own the best investment opportunity to make money in your sleep.
Contact Amanda Langley: 817-233-5839
amanda@trinitygre.com
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Property History
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Listing Contacts
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