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Mr. Richard, the self storage unit in Maynardville, TN sold yesterday.
Thank you so much for your wonderful site. It works. It really does. We
had a broker in town work for a year to sale it and not until we listed on this site did we finally get the result we wanted. Thank you very much.

The Zeppelin's


Self Storage Facility For Sale in Texas


Fritch Texas 79036


17300 sq feet
29 units
23 RV
3 Boat
2.75 acres, fully fenced

Cap Rate: About 12% , 7+ year payback

$32,000.00 Year Feb 2011

Taxes $3300.00 year

Asking $250,000.00 current appraisal 7-2010 for the real estate only, none on the Business, established 4-2008

Possible owner carry 5 years with 50% down 12% int. $2,780.56 month.....



29 total rentals

The built storage is about 95% full there is about 2 acres of unused property to build on
The property has 2 business units on it one renter manages the property for his rent 440.00 month
There are 50 out door uncovered storage areas units, for future buildings
Taxes ate 3300.00 insurance is 1300.00 water and trash is 900.00 manager is 5280.00 per year
Potential is about 42000.00 when 100% occupied. That would raise the CAP rate to about 14%


 

Robert
robert@presson.us
806-570-2338
 

Last Updated: February 22, 2012

 

 

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