Cap Rate
6.6%
Lot Size
1.78 Acres
7614 FM 2288, San Angelo, TX, 76901
Dry Creek Self Storage$1,540,000
Key Information
Units
184
Year Built
1999/R2010
Type
Self Storage
Occupancy
96%
NOI
$101,169
Leasable Area
23,500
Highlights
- Strong historical performance, with current physical occupancy at 96%
- Expansion opportunity included in the sale
- Attractive Seller Financing options available
- Limited competition as there are only 2 competing facilities in a 5-mile radius
- Attractive in-place cap rate of 6.75% with upside still remaining
- Opportunity to implement ancillary income streams such as tenant insurance, admin fees, and late fees.
Photos
Location
Agents
T
Trey SullivanLicense # 846418 (TX)
J
Jack ConnellyLicense # 442098 (GA)
A
Austin McLeodLicense # 394903 (GA)
Broker of Record
Patrick Graham
License # 9005919, 528005 (TX)Matthews Real Estate Investment Services, Inc2699 Howell St., Suite 400, Dallas, TX 75204