762 CR 2311

Active
  • $309,000

    Brand new self storage facility for sale! This complex was just completed and as of 6/15 does not have any tenants yet. 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.

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    Price: $309,000
    Address:762 CR 2311
    City:Texarkana
    State:Texas
    Zip Code:75503
    MLS:39607C1689802475178

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