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17296741
17296742

18803 RM 1431, Jonestown, TX 78645

CD
TX 693597
Emily Dieckmann Real Estate Team
Listed by Emily Dieckmann Real Estate Team
$545,000
794 days on market
Updated 76 days ago

24 Unit Self Storage Facility

Details
Property Type Self Storage
Square Footage 6,192
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 6.96%
Pro-Forma NOI $37,922
Lot Size (SqFt) 27,883
Investment Type Value Add

Ability to build additional storage facilities

Marketing description

Unlock a lucrative investment opportunity with this prime 24 unit storage facility now available for sale! Strategically positioned in a high-demand area with excellent visibility, this facility presents a rare chance for savvy investors to capitalize on the burgeoning storage market. Boasting a solid occupancy rate and a steady stream of income, this turnkey operation offers immediate revenue generation potential for the discerning buyer. This facility further offers the opportunity for value add investment including the ability to build an additional facility. Rents are currently low and can be increased immediately. 22 outdoor parking spaces are available for storage with only 7 currently used.

Investment highlights

  • rents are currently low and can be increased

  • Opportunity for another facility

  • Key pad automatic gate

  • Previous owner did little advertising

  • Prime location on a high traffic road outside a growing community

  • Units are large enough for in-demand boat storage

Listing Contacts

CD
TX 693597
Emily Dieckmann Real Estate Team
Listed by Emily Dieckmann Real Estate Team

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Additional Information

Name
Carl Dieckmann
License
693597
Brokerage
KW Cedar Park
Brokerage Phone
5126455000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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