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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32373371
32373372

8598 US Hwy 271, Gilmer, TX 75645

DD
TX TX 761631 - B
The Intrepid Group
Gulf Commercial Brokerage
Listed by The Intrepid Group, Gulf Commercial Brokerage
$885,000
22 days on market
Updated 4 days ago

West Mountain Storage

Details
Property Type Self Storage
Square Footage 15,300
Net Rentable (SqFt) 15,300
Units 119
Cap Rate 8.85%
NOI $78,321
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 9.51%
Pro-Forma NOI $84,178
Price per SqFt $58
Class B
Year Built 2002
Buildings 3
Acreage 1.550
Zoning Commercial
Investment Type Stabilized
Ownership Fee Simple

Self Storage | 8.85% CAP | 119 Units

Marketing description

***Ask about nearby RV Park that is also available from the same seller. Huge cashflow potential by combining properties.

West Mountain Storage presents the opportunity to acquire a stabilized self-storage asset with a long operating history and consistent performance. The property has been owned and operated by the current owner since 2003 and has maintained strong occupancy, currently averaging approximately 89%.

The facility consists of 119 units of varying sizes and is fully fenced and gated, providing secure and accessible storage for the surrounding community. All improvements are well maintained, with clean structures and a functional on-site office supporting day-to-day operations.

The asset generates a 2025 NOI of approximately $84,320 and has achieved this performance with minimal operational complexity. Notably, the property has operated without formal marketing or advertising efforts, highlighting organic demand and providing a clear path for revenue growth.

Operational upside exists through the implementation of professional management systems, including digital leasing platforms, online marketing, and rate optimization strategies.

Investment highlights

  • West Mountain Storage presents the opportunity to acquire a stabilized self-storage asset with a long operating history and consistent performance. The property has been owned and operated by the current owner since 2003 and has maintained strong occupancy, currently averaging approximately 89%.
  • The facility consists of 119 units of varying sizes and is fully fenced and gated, providing secure and accessible storage for the surrounding community. All improvements are well maintained, with clean structures and a functional on-site office supporting day-to-day operations.
  • The asset generates a 2025 NOI of approximately $84,320 and has achieved this performance with minimal operational complexity. Notably, the property has operated without formal marketing or advertising efforts, highlighting organic demand and providing a clear path for revenue growth.
  • Operational upside exists through the implementation of professional management systems, including digital leasing platforms, online m

Listing Contacts

DD
TX TX 761631 - B
The Intrepid Group
Gulf Commercial Brokerage
Listed by The Intrepid Group, Gulf Commercial Brokerage

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,321.00
$6,526.75/mo

Valuation Metrics

0
DSCR
8.85%
Cap Rate
8.85%
ROI

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Additional Information

Name
David du Menil
License
761631-B
Title
Broker of Record
Name
David du Menil
License
TX 761631 - B
Brokerage
The Intrepid Group
Brokerage Phone
2542428129
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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