Financing Quote                            Self Storage Directory                               Change Your Ad Self Storage Facility For Sale in Clute, Texas Affordable Self Storage 508 E. Main St. Clute, TX 77531 www.affordablestoragetexas.com Price: $2,100,000 Number of Units: 265 Acres: 2.9 Square Footage: 28,975 Gross Income: $267,388 Expenses: $92,300 Net Income: $175,088 Occupancy: 90% Cap Rate:  8.3 Truly Value Added opportunity deal with 1Million+ equity for the next buyer. Facility open in 2008, current occupancy is 90%+. In process of adding another building ~ 10,000 NRSFT because we have NO available Units to rent! Demand is STRONG. Great visibility, right next to post office, right across school, near police station, city hall and library. Strong market, LOTS of new development within 5 mile of subject: Apartment, Hotel, Retail. 50+ new homes are scheduled built right behind the subject in May,2010! It is state of art, 2 building, metal construction, with 24 cameras, well lit up, climate and non climate, clean, concrete drives, electronic gate door control, 24 hr access, upgraded large professional office, well maintained and fenced, and owner managed. Most competitions are older property and do not offer climate control units. Open two short year and we're FULL, this is reason why we 're adding the extra building. Buyer HUGE UPSIDE: extra land to add another as much as ~25,000 NRSFT. Currently used for RV parking, and Budget truck/car rental for extra income stream. To maximize the value of the property, With 55,000 NRSFT, and rent being $7.5 per sq ft,. Potential income is $412,500, and NOI is $288,750, potential value at 8.5 cap is 3.4Million. Contact: Dom Valenti Phone:(979)665-8594 For More Information On This Property, Please Call The Phone # Above or Submit The Form Below To Send An Email. Name*   Email*   Phone Number Type your message here Security Field: MUST ENTER the following word into the box below selfstorage   Filling out this form for any reason other than a genuine interest in getting more information about this offering is strictly prohibited.  Please contact the broker or seller only if you have interest in the property.  Any violations of this policy will result in losing all privileges on this website and may result in prosecution. Last Updated: February 2, 2010