7% cap rate, this TURN KEY and historically leased to capacity offers 96 insulated Storage and Covered RV-Boat units, 35 open vehicle parking, Built in 2020, this drive up, turn-key self storage facility offers an automated operational system but with minimum operational costs and can be remotely managed. Contact-less move in, business and units are managed using a web-based system with an established website with online payment capabilities. Adjacent to multiple residential communities with 6 more in development - suggesting greater demand. Fast access to nearby Azle Hwy, this property is located in a high-growth corridor with promising future development. A variety of unit sizes offered with roll up doors and clean concrete floors, 4k digital video surveillance 24-7, secured gated entry and security lighting keep the property well lit during evening hours. The RV-Boat units provide 40ft ceiling heights, protected on all sides, lot is spacious enough to add additional non-covered vehicle parking rental income. Additional .64 acres allows for expansion of 4 more buildings with 60Ft wide turn around access for your biggest trucks - Huge Value Add Opportunity. With excellent exposure off heavily traveled Veal Station road, the property markets itself!
MLS # | 20885806 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 2020 |
Days On Site | 107 |
Listing Provided By | Fathom Realty, LLC | Stacy Byassee |
SQ Feet | 10,800 |
---|---|
Car Port | Yes |
Story(s) | 1 |
Zoning | C |
Acreage | 3.25 |
Cooling | None |
---|---|
Heating | None |
Roof | Metal |
---|---|
Security Features | Security Gate, Security Lights, Security System Owned |
Construction Materials | Concrete, Frame, Metal Siding |
Foundation Details | Slab |
Lot Features | Cleared, Flag Lot |
Parking Features | Additional Parking, Electric Gate, Gravel, Lighted, Outside, Oversized, Private, RV Access/Parking, RV Carport, RV Gated, Secured, Side By Side, Storage |
---|
Utilities | Electricity Connected |
---|
Unexempt Taxes | 2822 |
---|
State | TX |
---|---|
County | Parker |
City | Azle |
Zip Code | 76020 |
Area | Parker |
Community Name | Enchanted Lakes Pc |