Berkshire Hathaway HomeServices Premier Properties FARM & RANCH DIVISION
Listed by Berkshire Hathaway HomeServices Premier Properties FARM & RANCH DIVISION
$450,000
TexStore Self Storage
Details
APN 00355577
Property Type Self Storage
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 52
Cap Rate 6.9%
NOI $31,034
Occupancy 91%
Tenancy Multi
Lease Type Modified
Year Built 1981
Year Renovated 2026
Buildings 2
Stories 1
Acreage 0.619
Zoning Commercial
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.67
Investment Type Value Add
Self Storage | 52 Units
Marketing description
Located in the DFW MSA - The 4th largest and fastest growing MSA in the U.S.
Dense surrounding population with over 92,000 people living in a 3-mile radius, and over 215,000 people living in a 5-mile radius
Value add opportunity through capital improvements and professional management
Extremely affluent surrounding population with average household incomes above $146,000 in a 3-Mile Radius
Strong population growth since 2010 at an annual rate of 1.80%, with projected population growth of 0.50% annually for the next 5 years
Excellent visibility, sees over 48,640 VPD
Attractive stabilized yields in the 8%-9%+ range
**OWNER FINANCING IS NOT AVAILABLE**
Investment highlights
- Located in the DFW MSA – The 4th largest and fastest growing MSA in the U.S.
- Dense surrounding population with over 92,000 people living in a 3-mile radius, and over 215,000 people living in a 5-mile radius
- Value add opportunity through capital improvements and professional management
- Extremely affluent surrounding population with average household incomes above $146,000 in a 3-Mile Radius
- Strong population growth since 2010 at an annual rate of 1.80%, with projected population growth of 0.50% annually for the next 5 years
- Excellent visibility, sees over 48,640 VPD
- Attractive stabilized yields in the 8%-9%+ range
Listing Contacts
Berkshire Hathaway HomeServices Premier Properties FARM & RANCH DIVISION
Listed by Berkshire Hathaway HomeServices Premier Properties FARM & RANCH DIVISION
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$31,034.00
$2,586.17/mo
Valuation Metrics
0
DSCR
6.9%
Cap Rate
6.9%
ROI
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