108 E 9th St - Self-Storage Facilities FOR SALE


Cisco, TX 76437
$199,000 USD
325-698-9960
108 E 9th St, Cisco, TX for Sale
$199,000 USD
Self-Storage Facilities - FOR SALE
1/17
null | 6.6% Cap Rate

108 E 9th St
Cisco, TX 76437


HIGHLIGHTS

  • Right off of main thoroughfare down town, easily accessible
  • Newly renovated and built-out in 2022
  • Automated systems in place for remote operation
  • Stabilized and revenue generating

OVERVIEW

This is an asset sale. Buyers can keep the business name "Cisco Storage," but the LLC will not be included. The web domain/design files/logo etc. can transfer to Buyer if they want it and can be staged in a Dropbox folder. A unique URL like ciscostorage.com is not required to run the business as the management software comes with a website. We chose to build our own home page, but website support for the custom home page is not included in the sale. The phone number can be transferred if desired. SOPs to run management software and other technologies for the facility, will be included in the sale. All equipment installed at the facility will be conveyed. There is nothing offsite that will be conveyed. All extra locks, installed IT equipment, janitorial, and spare parts are included in the sale. Software, Programs & Apps List of all software, programs and apps currently implemented and necessary for business operations and corresponding expenses. • Easy Storage Solutions ($160/mo) o Management software for rentals o Gate access • NextLink Internet ($100/mo, cheaper contract options available) • Ubiquity/Unifi for network and camera system ($15/mo for backup internet) • Ecobee (Thermostat) • MyQ (Garage door App) • Ring Camera for Closet Security (optional) • Venmo (optional, to pay facility assistant) Roof Details • New tube drains • Primer all of the roof and parapet • Apply 1-1.5 inches of Polyurethane Roofing Foam to all of the roof & parapets • Apply 30 mil White Elastomeric coating to all of the roof and parapet • 10 Year Guarantee

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cisco Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,875 SF

ZONING

F1 - Real Commercial

APN/PARCEL ID

5282

ASK ABOUT THIS PROPERTY

Derek PetersonPeterson Real EstateMore Info
325-698-9960

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Derek PetersonPeterson Real EstateMore Info
325-698-9960

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