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22464300
22464301

5702 TX-349, Midland, TX 79706

TJ
TX TX 542176
The Real Estate Ranch
Listed by The Real Estate Ranch
$875,000
441 days on market
Updated 69 days ago

KBR STORAGE TIME - 5702 S Hwy 349 Midland, TX 79706

Details
APN R000006626
Property Type Mixed Use
Sub Type Storage Facility
Square Footage 12,624
Net Rentable (SqFt) 12,624
Units 66
Occupancy 54%
Broker Co-Op Yes
Class B
Year Built 2008
Buildings 5
Stories 1
Acreage 3.250
Zoning No Zoning
Investment Type Stabilized

KBR STORAGE TIME - 5702 S Hwy 349 Midland, TX 79706

Marketing description

This is one of only two self storage centers located on S HWY 349. There are 32 10/10 units, and 32 10/20 units as well as a 2250 sq ft manufactured home with 3 bedrooms, 2 bathrooms, and a 2 car garage. Storage units are fully fenced with a programmable security gate and camera monitoring. There is an additional storage building inside the storage fence with electricity that could be rented or utilized as an office. Additionally there is one open space rented for a RV storage. Storage currently at 54% occupancy and home is leased at $2600/month. There is also additional space for growth. (The Buildings were built in 2008 - 3200 sq ft each, the home is 2250 sq ft., Barn is 300 sq ft.

Investment highlights

  • 64 Units

  • 2250 Sq Ft Home

  • 3 Bedroom X 2 Bath 2 Car Garage

  • Fully Fenced with Programmable Security Gate and Camera System

  • Additional Storage Building W Electric Could be an office

  • One Space Rented For Rv Storage

  • 3.25 Acres

Listing Contacts

TJ
TX TX 542176
The Real Estate Ranch
Listed by The Real Estate Ranch

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Additional Information

Name
Thomas Johnston
License
TX 542176
Brokerage
The Real Estate Ranch LLC
Brokerage Phone
432-688-8200
Title
Broker/Owner
Brokerage Address
6 Desta Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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