

Listed by Keller Williams Realty San Angelo
$1,150,000
O.H. Ivie RV Park & Boat Storage
Details
APN 66282
Property Type Self Storage
Square Footage 17,600
Net Rentable (SqFt) 17,600
Units 10
Cap Rate 7.49%
NOI $86,106
Occupancy 100%
Tenancy Multi
Price per SqFt $65
Broker Co-Op Yes
Class C
Year Built 2024
Year Renovated 0
Buildings 1
Stories 1
Acreage 10.000
Zoning None
Investment Type Stabilized
Occupancy Date 07/15/2025
Ceiling Height 16-18'
Ownership LLC
Self Storage | 10 Units | $115,000/unit
Marketing description
The OH Ivie RV Park and Boat Storage consists of 10 RV spaces with full hook ups and 30-amp and 50-amp services available. Each rental unit comes with a secured roll-up door for vehicle or boat storage. The park was originally built in 2024 and is in good condition. The property is located on FM 1929 just minutes away from Lake OH Ivie, one of the premier bass fishing lakes in the state, if not the nation. It is situated on 10 acres, which allows a buyer to expand the footprint and add more units. The property is gated and equipped with a security system and WIFI. Each unit is insulated under cover. The owners have indicated they receive calls all the time asking for more units.
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Listed by Keller Williams Realty San Angelo
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,106.00
$7,175.50/mo
Valuation Metrics
0
DSCR
7.49%
Cap Rate
7.49%
ROI
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