Description
Listing just changed to include ALL ACREAGE. Investor Special! Self-Storage Cash Cow with great upside and expansion. Three tracts totaling 10.11 acres including the corner. The property has great road frontage with excellent visibility on FM 2657. Currently, it has approximately 114 metal storage units with slab floors + 57 dry storage parking spots + room for approximately 200 more units/parking spot expansion. It is only about 72% occupied and increasing quarterly but lot of room for more income! UPSIDE - Room for potential expansion for more self-storage units, open air dry storage, commercial buildings, RV Park or RV Storage. Rents are under market value so room to maximize cash flow. New home subdivisions being built around the area so storage needs are on the rise. Please call with questions. Thanks
Location
Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © 2022 Austin Board of Realtors Updated: 1st October, 2023 1:53 AM (UTC)
Listing Agent: Michael Martin
Listing Office: MGM Real Estate Services
Attribution contact: (512) 785-5404
