907 Simmons Ave Jourdanton, TX 78026-2851
- Commercial real estate
- 15,632 SF
- 1.10 lot acres
Current Use by Public Records
- Jourdanton's Own Mini Storage / Self-Storage Facility
Property Details for 907 Simmons Ave
- Year built
- 1990
- Lot size
- 1.10 lot acres
- Property size
- 15,632 SF
- Property type
- Commercial real estate
- APN
- R25042
- APU
- R25042
Description
This exceptional self-storage opportunity presents a 15,465-square-foot facility located at 907 Simmons Ave, Jourdanton, TX 78026, in Atascosa County. The property boasts 82 non-climate-controlled units, currently operating at 89% unit occupancy and 88% economic occupancy. Recently painted with attractive curb appeal and asphalt drives, the facility offers a drive-up design for convenient access. A small manager's office is included. The property is situated in the heart of Jourdanton, serving the local community and offering potential for future expansion. The asking price is below $60 per square foot, allowing for a 1.28 debt service coverage ratio with standard financing. This represents a compelling investment opportunity in a stable market with strong occupancy rates and significant upside potential. The remote management capability adds to its operational efficiency. This well-maintained facility is ready for a new owner to capitalize on its existing success and future growth prospects.
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
- Jourdanton
- County
- Atascosa
- State
- Texas
- Longitude
- -98.5405
- Latitude
- 28.9175
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
