2381 Highway 71 E - Self-Storage Facilities FOR SALE


Del Valle, TX 78617
$6,500,000 USD
407-924-1408
2381 Highway 71 E, Del Valle, TX for Sale
$6,500,000 USD
Self-Storage Facilities - FOR SALE
1/48
null | Request Cap Rate

2381 Highway 71 E
Del Valle, TX 78617


HIGHLIGHTS

  • Class A Location: Located a 1/4 of a mile to the Austin-Bergstrom International Airport, 3 miles to Telsa Giga Texas, and 10 miles to Downtown Austin
  • 356 Total units | 45,250 NRSF of Storage (336 Units) | 5,340 NRSF of Parking (20 Units) | 50,590 Total NRSF (Includes Parking)
  • Upside Potential: Upside through standardizing rents/raising rents to market
  • Telsa’s Global Headquarters in Del Valle covers 2,500 acres, over 10 million SF of factory floor & recently donated $600K to Del Valle Schools
  • Excellent Demographics & Visibility: 127,827 Residents within 5-miles | 89,597 Vehicles per day
  • Current ownership is willing to enter into a master lease for vacant units for 18 months | Seller guarantee @ 6.71% take-over cap rate

OVERVIEW

CALL FOR OFFERS DEADLINE: WEDNESDAY, FEBRUARY 12, 2025 | 5:00 PM CST SELLER PERSONALLY GUARANTEEING 100% OCCUPANCY FOR 18 MONTHS 6.71% CAP RATE* (*SELLER GUARANTEE CAP RATE) Please see listing agent for details

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A Mini Storage of Texas (Austin MSA)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

-

APN/PARCEL ID

291960

ASK ABOUT THIS PROPERTY

Christopher TravisRipco Real EstateMore Info
407-924-1408

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Christopher TravisRipco Real EstateMore Info
407-924-1408

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