Listed by Coldwell Banker Apex Realtors Rockwall
$1,250,000
South 513 RV & Storage
Details
Property Type Business for Sale, Self Storage
Sub Type Business and Building
Net Rentable (SqFt) 38,678
Units 121
Cap Rate 4.99%
NOI $62,356
Occupancy 76%
Pro-Forma Cap Rate 0.01%
Class C
Year Built 1980
Acreage 7.810
Zoning outside city limits, SF 20, No Zoning
Ground Lease No
Business for Sale | 4.99% CAP
Marketing description
Exclusive opportunity to acquire South 513 RV & Storage, a stabilized self storage and RV facility located in Lone Oak, Texas. Spanning 7.81 acres, the property features 121 units with a diverse mix including climate-controlled units and covered RV parking. With current occupancy at 76% and significant value-add potential through the development of an additional 2 acres of land, this investment offers immediate cash flow and substantial upside potential for a new owner. Living quarters and Storm shelter on site.
Listing Contacts
Listed by Coldwell Banker Apex Realtors Rockwall
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,356.00
$5,196.33/mo
Valuation Metrics
0
DSCR
4.99%
Cap Rate
4.99%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
