Let's talk about self storage.

communities_1.jpg
 View Only

Off Market Facility for Sale in the Houston Metro

  • 1.  Off Market Facility for Sale in the Houston Metro

    Posted 10-19-2023 08:36 PM
    Off market storage facility for sale in the Houston Metro! Please drop your emails if you are an end buyer!
    Price: $825,000 (only $37sf)
    • $200k seller note at 5% interest for 7 year term, 40 yr amortization.
    • 22,385 NRSF
    • 77 Units, 3 Parking Spaces
    • 30% below market rates
    • 1.32 Acres
    • 70-80% physically occupied.
    • Cost per sq ft is below replacement cost at only $37/sf!
    • Cell Tower lease at $826/mo
    • The facility has been well maintained
    • Managed by facility owners and their son
    • Not in a flood zone
    • Low Sqft/Capita area of the Houston Metro
    • Completely fenced in facility with Security Cameras
    • Automatic Gate with Keypad
    • Recently painted and power washed
     
    Thanks,
     
    Alex Andersen


    ------------------------------
    Alexander Andersen
    Owner
    Oklahoma City OK
    (580) 483-6791
    ------------------------------