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26752236
26752237

5485 Airport Hwy 21, Maxwell, TX 78656

MC
TX TX694437
Classen Realty Group
Listed by Classen Realty Group
$2,250,000
276 days on market
Updated 68 days ago

B & C Storage - Covered Boat & RV Storage Facility

Details
APN R70053
Property Type Business for Sale, Self Storage
Sub Type Business and Building
Net Rentable (SqFt) 74,760
Units 152
Cap Rate 6.40%
NOI $143,994
Occupancy 85%
Pro-Forma Cap Rate 7.60%
Pro-Forma NOI $171,187
Broker Co-Op Yes
Class B
Year Built 2016
Year Renovated 2019
Stories 1
Acreage 4.000
Zoning Outside City Limits
Investment Type Stabilized

Business for Sale | 6.40% CAP

Marketing description

B&C Storage – ~85% occupied, this 4.01-acre income-producing storage facility features 152 covered Boat & RV storage spaces across three metal-framed buildings, with 440 feet of prime highway frontage along a high-growth corridor. Strategically positioned between San Marcos and Bastrop, just north of San Marcos Airport, the site offers unrestricted zoning, a secured gated entry, and a 12’ x 16’ moveable office. With room to increase rents and the potential to renovate into a fully enclosed storage facility, investors can capitalize on higher rental rates and increased cash flow, making this an excellent opportunity for expansion, redevelopment, or continued operation in a rapidly growing market with several new residential developments underway within a 2 mile radius. Ask about adjacent expansion land available.

Investment highlights

  • Strong Occupancy & Cash Flow – Currently ~85% occupied with 152 covered boat & RV storage spaces, already producing income.

  • Prime Location – 4.01-acre property with 440 feet of highway frontage, situated in a high-growth corridor between San Marcos and Bastrop, near San Marcos Airport.

  • Expansion & Redevelopment Potential – Opportunity to increase rents, enclose existing covered storage for higher rates, or expand further (adjacent land is available).

  • Property Features – Three metal-framed buildings, unrestricted zoning, secured gated entry, and a 12’ x 16’ moveable office for operations.

  • Market Growth Drivers – Several new residential developments within a 2-mile radius, creating strong demand for storage solutions and long-term value growth.

Listing Contacts

MC
TX TX694437
Classen Realty Group
Listed by Classen Realty Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$143,994.00
$11,999.50/mo

Valuation Metrics

0
DSCR
6.4%
Cap Rate
6.4%
ROI

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Additional Information

Name
Mitchell Classen
License
TX694437
Brokerage Phone
512-855-6114
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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