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26725103
26725104

1302 5th St, Ralls, TX 79357

MN
TX 835970
Keller Williams Realty
Listed by Keller Williams Realty
$200,000
278 days on market
Updated 7 days ago
Opportunity zone

Steel Box Self Storage

Details
Property Type Retail, Self Storage
Sub Type Self Storage
Square Footage 20,098
Cap Rate 5.78%
Occupancy 100%
Tenancy Multi
Year Built 2017
Acreage 0.480

Fully occupied low maintenance storage facility provides a low risk investment at a low entry point.

Marketing description

Explore the potential of this incredible investment opportunity in Ralls, Texas. This listing features a low maintenance property of 0.48 acres constructed in 2017. Steel Box Storage is a self-storage facility consisting of eighteen 8 x 20 shipping containers. Automated software allows for effortless operation with low-maintenance steel construction. As one of the few storage solutions in Ralls, Steel Box Storage consistently stays at 100% occupancy and offers the ability and space to increase capacity. The current owners are willing to negotiate the addition of 16 more units for an increased revenue potential. The units are currently renting at the same rate as when they opened 8 years ago, and have room to be increased to fair market value.

Investment highlights

  • Full occupancy with long term tenants

  • Potential revenue growth in rates and capacity

  • Automated software allows for effortless operation with low-maintenance steel construction

  • Limited storage options available in the area

  • 0.48 acre property allows room for future expansion

Listing Contacts

MN
TX 835970
Keller Williams Realty
Listed by Keller Williams Realty

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Additional Information

Name
Matt Nuckolls
License
835970
Brokerage Phone
806-470-6325
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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