762 County Road 2311 - Warehouse FOR SALE


Texarkana, TX 75503
$259,000 USD
903-262-6169
762 County Road 2311, Texarkana, TX for Sale
$259,000 USD
Warehouse - FOR SALE
1/28
null | 9.05% Cap Rate

762 County Road 2311
Texarkana, TX 75503


OVERVIEW

OWNER FINANCE AVAILABLE WITH DOWNPAYMENT. Brand new self storage facility for sale! This complex was just completed and has already started to fill up with 20% occupancy. Projected rents have been set by comparable facility’s rents and the 2022 Self-Storage Guidebook. All expenses are proforma numbers. This complex boasts of 28 total rental spaces. All units are non-climate controlled spaces. There are 10- 10X10 units, 16- 10X15 units, and two covered boat storage spaces. The projected rents are $79.00 per month for the 10X10 units, $99.00 per month for the 10X15 units, and $99.00 per month for the boat storage spaces. Annual expenses are estimated as follows: Vacancy 5% $ 1,543.20 Management 5% $ 1,543.20 Insurance $ 800.00 Taxes $ 1,800.00 Utilities $ 500.00 Repairs $ 1,258.00 There is plenty of room to develop 30-40 more units. Reach out today for any further information about this opportunity.

FOR SALE DETAILS

PRICE

$259,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

9.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Tar Self Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,628

ZONING

-

APN/PARCEL ID

29920001400

ASK ABOUT THIS PROPERTY

Tim TrumanDugout Baseball Pine Tar SportsMore Info
903-262-6169

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Tim TrumanDugout Baseball Pine Tar SportsMore Info
903-262-6169

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