14804 Us-190 Onalaska, TX 77360

Exceptional investment opportunity: Lakeview Boat/RV and Self Storage, a 110,465-square-foot facility in Onalaska, Texas. This 508-unit complex, built in 2017 with a 48,425-square-foot expansion completed in December 2023, boasts 145 climate-controlled units (19,675 NRSF), 314 drive-up non-climate units (67,790 NRSF), and 46 covered parking spaces (23,000 NRSF). Situated on 5.93 acres along US Highway 190, the property enjoys high visibility with over six thousand vehicles passing daily. Amenities include roll-up doors, a mix of concrete and crushed concrete driveways, wrought iron and chain link fencing, video surveillance, and an on-site manager's office with gated entry and digital keypad access. Located on Lake Livingston, the third largest lake in Texas, this recreational hotspot offers significant upside potential. The property's occupancy was approximately 66 percent by square footage as of July 31st, 2024, and rental rates have only been increased twice in its seven-year history. This well-maintained asset presents a compelling opportunity to acquire a large-scale storage facility with a recent expansion at a relatively low cost per square foot, offering significant potential for operational improvements and increased profitability. The property's APN is 22576.