7304 Seymour Hwy - Specialty FOR SALE


Wichita Falls, TX 76310
$985,000 USD
940-733-2279
7304 Seymour Hwy, Wichita Falls, TX for Sale
$985,000 USD
Specialty - FOR SALE
1/3
null | 12.69% Cap Rate

7304 Seymour Hwy
Wichita Falls, TX 76310


HIGHLIGHTS

  • New construction
  • Enclosed storage units
  • Extra land for expansion

OVERVIEW

2 buildings With 25 Storage Units: 32,352 total sqft. Built 2021-2023 Bldg.1- 14,400 Sqft / 25- 12’ X 48’units Bldg 2 17,952 Sqft / 25 - 14’ X 48’units Land: Approx. 5.76 Ac Lease Tenants: 50 Rv/ Boat Misc Storage Units Term: 3 Mnths- 1 Yr. 24 Available Now. 26 Units still to BeCompleted (doors). Unit Rental: $250/ Mnth. Number Rented: 8 Pro Forma Gross Income: $150,000/ Yr Landlord Nnn Expenses: $25,000/ yr Approx. $11,000. / Yr Tax Approx. $10,000/ Yr Ins Approx. $4,000/ Yr Cam Noi: $125,000 Cap Rate 12.69% Sale Price: $985,000. Price/ Sqft: $30.45 Misc: There is a Easement in With Entrance to Bobcat, Tenants Can Get to the Back Rv and Boat Storage Property. Seller Has Built all 50 Units, but 25 units need the doors installed. Doors are there. Selling “AS IS”. No financial. Only a few leased.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

12.69%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.76 AC

LAND SF

250,906 SF

ZONING

GC

APN/PARCEL ID

101934

ASK ABOUT THIS PROPERTY

Rodd WombleSchaaf & ClarkMore Info
940-733-2279

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Rodd WombleSchaaf & ClarkMore Info
940-733-2279

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