1251 Elm Grove Spur Belton, TX 76513
High-growth Texas investment. Seller financing.
Property size:
354,578 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 364
Property Features for 1251 Elm Grove Spur
General Information
- Property type
- Self storage facilities
- Square Feet
- 354,578 SF
- Class
- C
- Lot Size
- 358,673 SF
Building Details
- Year Built
- 2022
- Buildings
- 1
- Units
- 149
HighLights
- $1,700,000 asking price for a value‑add, Class C, RV & Boat Storage facility.
- 64,902 square feet of net rentable space on an 8.234‑acre lot, with 149 units and 62% occupancy.
- $4.79 price per square foot and a pro‑forma cap rate of 6.78%, generating a pro‑forma NOI of $97,586.
- Located in Belton, TX, near I‑35 and I‑14, a half‑mile from the Bell County Expo Center.
- Currently 140 spaces with expansion potential to approximately 250 spaces.
- Significant upside potential due to below‑market rents and strong growth in Belton, TX.
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Belton
- County
- Bell
- State
- Texas
- Longitude
- -97.4613997
- Latitude
- 31.0241505
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - High-growth Texas investment. Seller financing.
Where is this self storage facility located?
The property is located at 1251 Elm Grove Spur Belton, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: $1,700,000 asking price for a value-add, Class C, RV & Boat Storage facility.; 64,902 square feet of net rentable space on an 8.234-acre lot, with 149 units and 62% occupancy.; $4.79 price per square foot and a pro-forma cap rate of 6.78%, generating a pro-forma NOI of $97,586.
