1065 Market Hts - Self-Storage Facilities FOR SALE


New Braunfels, TX 78132
$699,000 USD
830-481-2233
1065 Market Hts, New Braunfels, TX for Sale
$699,000 USD
Self-Storage Facilities - FOR SALE
1/22
null | 6% Cap Rate

1065 Market Hts
New Braunfels, TX 78132


HIGHLIGHTS

  • Sadler Self Storage presents a cash-flowing, high-occupancy self-storage facility perfect for owners and investors seeking hands-off opportunity.
  • Just an hour northeast of San Antonio, with quick access to Route 35 and Loop 337 for easy city connections.
  • Perfectly placed near Canyon Lake and the Guadalupe River providing seamless access for boats and recreational vehicles.
  • New Braunfels is seeing exponential growth with a population increase of 9.2% over the past five years within 2-miles of Sadler Self Storage.
  • Area within 10 miles boasts strong spending power, with $1.6 billion in total spending last year and average household incomes surpassing $125,000
  • With continued development in the region, the demand for storage solutions remains strong, making this an ideal long-term income-producing asset.

OVERVIEW

Unlock the potential of 1065 Market Heights, a well-positioned and income-producing storage facility on the outskirts of the rapidly growing city of New Braunfels, Texas. This exceptional property presents an incredible opportunity for investors seeking a turnkey business or those looking to expand their commercial real estate portfolio in one of Texas' most thriving markets. The property comes equipped 73 total units spread across a single story and 1.47 acres of land. Ringing in at an impressive 4,900 square feet, this asset efficiently utilizes the property size. Built in 2003 and renovated in 2023, Sadler Storage is well-maintained and features a gate with code access prioritizing security on-site. The building also was recently painted allowing for an easy transition to new ownership. The property has a high track record with proven rental income and potential for growth, leasing out remaining units at market rates. Buyers have the opportunity to add units and expand the property onto the remaining acreage. Minutes from Canyon Lake and the Guadalupe River, this storage facility provides easy access for the boats and recreational vehicles utilized by many in this area. Tenants are able to access their storage space with ease as there is convenient ingress and egress to and from the property. Just an hour outside of San Antonio, the asset captures business from many sources. New Braunfels is seeing exponential growth with large population increases and a robust workforce. San Antonio, as a whole market, is an excellent place for investment. San Antonio is the nation's 24th-largest metro, with 2.7 million people in its eight-county market. It has been one of the primary recipients of domestic migration in recent years as Americans sought affordable housing markets with strong local economies in the Sun Belt. San Antonio's economy is particularly diverse for a market of its size. The seat of Comal County, New Braunfels, is the second-largest city proper in the San Antonio metro. It is home to its own sizeable tech company, TaskUs, which provides content moderation services to clients such as Meta, Zoom, and Uber. Discover Sadler Self Storage, the ideal investment opportunity in one of the nation's fastest-growing markets.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sattler Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

-

APN/PARCEL ID

50-0300-0291-00

ASK ABOUT THIS PROPERTY

Ryan ParkerCollab-RT Realty, LLCMore Info
830-481-2233

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Ryan ParkerCollab-RT Realty, LLCMore Info
830-481-2233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.