10800 interstate 40 W, Amarillo, TX 79124

Westgate Self Storage is a 990 unit, 132,552 NRSF self storage investment opportunity at 10800 W Interstate 40, Amarillo, Texas. This 15.8 acre site has frontage on Interstate 40 which sees as many as 28,000 vehicles per day. There are over 56,000 people living within 5 miles of the property that boast affluent household incomes averaging over $90k per year (Per Radius+).

Constructed in phases throughout the 1990's, Westgate Self Storage consists of 20 buildings that are metal-over-steel frame with garage-style doors, concrete foundations and mainly concrete driveways. The facility is fully fenced and gated and well-lit with 24/7 security camera surveillance. There is a fully equipped management office onsite as well as a 1,700sqft house that can be used as a managers quarters or rented for additional income.

Westgate Self Storage has been severely undermanaged by the original owners who are unable to effectively operate the business due to personal reasons. With the implementation of a proper website, social media presence, and improved signage, a new owner can take advantage of a clean slate and rebrand the facility in order to drive traffic and lease up vacant units.

Call Craig Rice for Pricing Guidance (713)-417-1626