205 St Hwy Avinger, TX 75630
This exceptional investment opportunity presents a well-maintained self-storage facility in Avinger, Texas, currently boasting 60% occupancy. Situated on a spacious 2.18-acre lot, the property offers significant expansion potential. The facility comprises two buildings, constructed in 2000 and 2002, providing a total of 64 climate-controlled storage units. The unit mix includes 24 units sized 5x10 feet and 40 units sized 10x15 feet, catering to a diverse range of storage needs. Security features include a perimeter fence and automated coded entry gates, ensuring the safety and security of tenant belongings. The property's design allows for easy access and maneuverability for trucks and trailers. A significant advantage is the presence of an undeveloped portion of the land, providing ample space for future expansion, potentially including additional storage units or even RV/boat storage, given the proximity to local lakes. The business benefits from a user-friendly online presence, complete with a functional website and streamlined online payment system. This turnkey operation presents a compelling investment opportunity with substantial upside potential for growth and increased profitability. The property is priced at $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.