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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 14,200 sqft
Price per Sqft $70
Subdivision Oakview Hills
MLS Listing ID 9655235
Sold Date 04/01/24
Originating Board actris
Year Built 2005
Annual Tax Amount $451
Tax Year 2022
Lot Size 10.110 Acres
Property 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 + 37 dry storage parking spots + room for approximately 200 more units/parking spot expansion. It is now 82% 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
State TX
County Lampasas
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplace N
Exterior
Utilities Available See Remarks
View Hill Country
Accessibility See Remarks
Total Parking Spaces 50
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Frame,Metal Siding
New Construction No
Others
Restrictions See Remarks
Acceptable Financing Cash, Conventional
Tax Rate 1.9053
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with McAllister & Associates
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Karla And Victor Aguilar
Agent/Team Lead | License ID: 0664760
Agent/Team Lead License ID: 0664760