2370 Mulberry St, Angleton, TX 77515-3805

This exceptional value-add self-storage opportunity presents a compelling investment prospect. Located at 2370 E Mulberry St, Angleton, TX 77515, this fee-simple property boasts 47,459 net rentable square feet across nine single-story buildings, encompassing 403 units. Built in 1994, the facility sits on a 4.29-acre lot (APN: 0318-0032-000) and is zoned for commercial use. Currently operating at 75% occupancy (as of August 31, 2024), this property offers significant upside potential. The facility features a mix of climate-controlled, drive-up, covered, enclosed, and uncovered parking spaces, catering to diverse tenant needs. Its prime location on a main thoroughfare ensures high visibility and accessibility. Enhanced security measures include state-of-the-art surveillance cameras and gated access. Angleton's affluent community exhibits strong population growth (2.76% within 1 mile and 1.46% within 3 miles), further bolstering the property's long-term prospects. Opportunities exist to increase occupancy, implement professional management, and introduce additional revenue streams such as truck rentals and tenant insurance programs. This asset presents a unique chance to maximize returns through strategic operational improvements and capitalizing on the robust market dynamics of Angleton, Texas.