8109 Us Highway 77 Sinton, TX 78387
Call to check price and availability
Self Storage Facility: High ROI Potential
Property size:
70,978 SFProperty Features for 8109 Us Highway 77
General Information
- Property type
- Self storage facilities
- Square Feet
- 70,978 SF
- Class
- B
- Lot Size
- 253,084 SF
Building Details
- Year Built/Renovated
- 2001/2024
- Buildings
- 17
- Stories
- 1
- Units
- 443
Listing Agency: CSD Realty Company Listing Agent: Craig Rice
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional self-storage investment opportunity, SeaSide Storage, is located at 8109 US-77 in Sinton, Texas. The 70,978 square foot facility, built between 2001 and 2024 (with renovations completed in 2024), boasts 443 units across 17 single-story buildings situated on a 5.81-acre lot. Currently operating at 61% occupancy (projected to reach 100% by October 14, 2024), the property offers a compelling value-add opportunity. The asking price is $4,800,000, representing a current cap rate of 5.27% and a pro-forma cap rate of 7.99%. The current NOI is $252,953, projected to increase to $383,287. Key features include a prime location on US Highway 77 (IH-69), experiencing over 17,000 vehicles daily, an automatic gate with keypad access and 24/7 video surveillance, and a management office with two full bathrooms. The property's recent expansion following eminent domain acquisition provides significant upside potential through increased rental rates and ancillary income streams. Additional acreage is available for future expansion. This well-maintained facility presents a strong investment opportunity with significant potential for increased profitability. The property benefits from excellent lighting throughout and a newly functional website.
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Sinton
- County
- San Patricio
- State
- Texas
- Longitude
- -97.5314196
- Latitude
- 28.0285797
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - Self Storage Facility: High ROI Potential
Where is this self storage facility located?
The property is located at 8109 Us Highway 77 Sinton, TX.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: $4,800,000 asking price for a 70,978 square foot self-storage facility in Sinton, TX.; 5.27% current cap rate, 7.99% pro-forma cap rate.; 443 units, 61% occupancy (projected 100% by 10/14/2024).
