205 State Hwy Avinger, TX 75630
- Self storage facilities
- 3,600 SF
- 2.18 lot acres
Current Use by Public Records
- Self storage facilities
Property Details for 205 State Hwy
- Lot size
- 2.18 lot acres
- Property size
- 3,600 SF
- Property type
- Self storage facilities
Description
Exceptional investment opportunity: Avinger Mini Storage, a well-maintained self-storage facility in Avinger, Texas, is available for $450,000. This property boasts 64 units across two buildings (constructed in 2000 and 2002) totaling 3,600 square feet on a 2.18-acre lot. Currently operating at 60% occupancy, the facility offers significant upside potential. Unit sizes include 24 units measuring 5x10 and 40 units measuring 10x15, providing a diverse range of storage options. Security features include security fencing and automatic coded entry gates. The property's ample space allows for easy access for trucks and trailers. A significant advantage is the presence of an empty lot on the property, presenting a prime opportunity for expansion, potentially adding more storage units or accommodating RV/boat storage, given its proximity to local lakes. The business benefits from an online presence, including a user-friendly website and streamlined online payment system. This turnkey operation presents a compelling investment opportunity with substantial growth potential. The asking price is $450,000, translating to $125 per square foot and $7,031.25 per unit. This is a rare chance to acquire a profitable and expandable self-storage facility in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Avinger
- County
- Cass
- State
- Texas
- Longitude
- -94.5497
- Latitude
- 32.8988
