Listed by ParaSell Inc, Urow Real Estate
Unpriced
Bell Air Storage
Details
APN 01314351
Property Type Self Storage
Square Footage 55,017
Units 324
Acreage 5.050
About This Property for Sale
Marketing description
HOW TO REGISTER:
- Go to www.urowrealestate.com
- Click Login on the Top Right of the Screen
- Press Register
- Enter Your Contact Information
- Once Your Account is Approved, You Will Receive an Email
START HERE IF YOU ALREADY HAVE AN EXISTING ACCOUNT:
- After Your Registration is Completed, Click this Link for the Deal: https://www.urowrealestate.com/listings/bell-air-storage
- Click "Documents" Above Pictures, or "Financial Documents" to the Right of Pictures, to Execute a Confidentiality Agreement and Access the Deal Room with the OM and Financials
- Note: For an instructional video on activating your account, navigating the website, and resetting your password, please see: https://www.youtube.com/watch?v=dt4PI7BkMo0&ab_channel=PerePascual
Investment highlights
This is an exclusive opportunity to acquire Bell Air Storage, a 55,017 NRSF facility with 324 units. Bell Air Storage offers a plethora of different unit sizes to fit a variety of different client needs.
- Near-Stabilized Occupancy with Continued Upside — Currently 84.0% occupied across 324 units and 55,017 NRSF, with a clear path to 90.0% projected stabilized occupancy.
- Conversion Potential — The vacant commercial unit on-site presents conversion potential of up to ~30,000 NRSF of additional self-storage space.
- Diversified Unit Mix — 324 units spanning dozens of configurations from 3x5 to 100x50, plus office and covered/open parking spaces.
- Strong Demographics — Serves a population of 314,282 residents within 5 miles, with 5.4% projected growth, 121,170 households, $72,158 median household income, and $97,176 average household income.
- Prime Retail & Institutional Proximity — The site sits near Texas Christian University, Kroger, Walmart, The Home Depot, Trader Joe's, Whole Foods Market, Colonial Country Club, and Costco. Nearby, 2,755,388 SF of commercial development and 5,717 residential units are underway.
- Dallas-Fort Worth-Arlington MSA Location — Positioned in a $744.7B GDP metro anchored by major employers including American Airlines, AT&T, Lockheed Martin, Toyota Motor North America, and Texas Health Resources, with roughly 350,000+ undergraduates enrolled across 50 area colleges and universities.
- High Barriers to Entry — Located just 4 miles from downtown Fort Worth, the site benefits from high barriers to entry.
Listing Contacts
Listed by ParaSell Inc, Urow Real Estate
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