City St Caldwell, TX 77836
- Commercial real estate
- 1.54 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for City St
- Year built
- 1998
- Lot size
- 1.54 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established storage facility in Caldwell, Texas. Boasting a prime location and a proven track record of success spanning over two decades, this facility offers 122 climate-controlled storage units, conveniently sized at 10'x10' and 10'x20'. The spacious layout ensures easy navigation for tenants and ample drive space for loading and unloading. Security features include a perimeter fence, comprehensive surveillance cameras, and security lighting, providing peace of mind for both owners and renters. The property encompasses 1.54 acres of land, offering potential for future expansion or development. Currently operating at a 6.5% capitalization rate, this facility demonstrates strong financial performance and high occupancy rates, making it an attractive investment for discerning buyers seeking a stable and profitable venture in the thriving Texas market. Detailed financial statements are available upon request, showcasing the consistent profitability and growth potential of this established business. This turnkey operation requires minimal management oversight, offering a compelling opportunity for passive income generation. Don't miss this chance to acquire a well-maintained, high-performing storage facility in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caldwell
- County
- Burleson
- State
- Texas
- Longitude
- -96.7013
- Latitude
- 30.5276