|
|
Self Storage for Sale
3714 Marvin D. Love Freeway
Dallas, TX 75224
Price: $1,950,000
410 Units
50,000 sq ft
3.5 Acres
Gross Income: $275,000
Expenses: $115,000
Net Income: $150,000
Cap Rate: 8.2
Occupancy: 68%
410 units
includes 50 climate controlled spaces. on premises
managers' office and apartment. excellent freeway
exposure and situated on the frontage road next to
the freeway. Oak Cliff section of Dallas. property
was built in mid-1980's and has tilt wall
construction and interior metal walls. little
deferred maintenance, mainly cosmetic. tremendous
upside potential as it has attained regular monthly
income of $30k in past. Excellent new management
team and budget rent a truck have been added in may
2008.
This property
just recently fell out of contract at $1.965
million; however, the prospective buyer was unable
to obtain financing. in the mean time, I have
identified a 1031 property and would like to sell
this property quickly, to get into the replacement
property. I'm an out of town owner that employs the
services of a property management company to oversee
the performance of the on premises management.
you can also see this property at
www.loopnet.com/15794036 .
Feel free to
contact me at by email:
Dean Alexis .
|
Learn More!
Comments
Dear
SSBay.com,
I had my listing for a mini storage on your
website and I was honestly impressed by the
number of calls that I got from qualified buyers
that found my listing on your site. You must be
advertising in the right places. I've since sold
my mini storage listing and I'm currently
working a few of these buyers to help them find
other mini storage facilities for sale. Thanks
for your help.
Richard Rasmussen Designated Broker
Sunbelt Business Advisors, LLC.
RICHARD, I
FOUND A WONDERFUL MANAGEMENT TEAM THROUGH YOUR
SITE!! THANK YOU KATHLEEN
Thank you
Richard, I received a call within an hour of my
posting the ad on your site.
Bret daCosta
|
