1618 W State Highway 71 - Self-Storage Facilities FOR SALE


La Grange, TX 78945
$6,900,000 USD
832-623-1690
1618 W State Highway 71, La Grange, TX for Sale
$6,900,000 USD
Self-Storage Facilities - FOR SALE
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1618 W State Highway 71
La Grange, TX 78945


HIGHLIGHTS

  • La Grange, TX
  • 8,270 Population Within 5 Miles
  • $95,701 Average Household Income Within 5 Miles
  • Highway 71 Frontage
  • 1.3 Miles from H-E-B, 3.2 Miles from Walmart
  • +/- 1 Hour from Austin & Houston

OVERVIEW

https://versalpartners.com/properties/a-prime-self-storage/ A-Prime Self Storage is a high-quality, market-leading facility located in La Grange, Texas. La Grange is roughly halfway between Austin and Houston along Highway 71. The facility was developed by the current owners and does not allow online reservations or payment via credit card. The property features 182 non-climate units, 154 climate-controlled units, and 1 office space for a total of 48,346 NRSF. It also includes 5 uncovered parking spaces. The average unit size is 148 for non-climate and 138 for climate. The facility is currently 82% occupied. Expansion land is included. The facility is well located and has excellent frontage and visibility along Highway 71. It is also only 1.3 miles from H-E-B and 3.2 Miles from Walmart. Austin and Houston are both roughly 1 hour away. A 5-mile radius around the property includes a population of 8,270 with an average household income of $95,701. Construction highlights include metal and steel construction, concrete drives, an on-site leasing office with additional room for an office tenant, gated keypad access, perimeter fencing, exterior lighting, and ample security features. The facility has little to no deferred maintenance, a testament to the seller’s pride of ownership. A-Prime Self Storage is listed for sale at $6,900,000.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A-Prime Self Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

-

APN/PARCEL ID

R33007,R52644

ASK ABOUT THIS PROPERTY

Bill BellomyVersalMore Info
832-623-1690

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Bill BellomyVersalMore Info
832-623-1690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.