817-813-5639
907 Simmons Ave, Jourdanton, TX for Sale
Self-Storage Facilities - FOR SALE
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907 Simmons Ave
Jourdanton, TX 78026


HIGHLIGHTS

  • 15,465 square foot drive-up self storage facility
  • Newly painted with asphalt drives
  • Room for expansion
  • Remote managed

OVERVIEW

Jourdanton’s Own Mini Storage is a 15,465 square foot non-climate controlled facility located at 907 Simmons Ave in the center of Jourdanton, TX. The property was recently painted and has great curb appeal. Serving the Jourdanton and surrounding communities, the Jourdanton’s Own Mini Storage property has some room for further expansion. Currently, the property contains 82 total units with a small manager’s office. The property currently is at 89% unit occupancy and 88% economic occupancy. The asking price for the property allows the owner to achieve a 1.28 debt service coverage ratio on standard financing for a deal of this size and location. The new buyer would be able to purchase this asset for less than $60 PSF.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jourdanton’s Own Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

R25042

ASK ABOUT THIS PROPERTY

Tyler TrahantDominus CommercialMore Info
817-813-5639

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Tyler TrahantDominus CommercialMore Info
817-813-5639

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