217 Winter St - Industrial FOR SALE


Marlin, TX 76661
$1,800,000 USD
760-534-8135
217 Winter St, Marlin, TX for Sale
$1,800,000 USD
Industrial - FOR SALE
1/32
null | 8.05% Cap Rate

217 Winter St
Marlin, TX 76661


HIGHLIGHTS

  • 7 Property Portfolio (45,140 sq. ft.)
  • Only Storage Provider Within 10 Mile Radius
  • Over $100K in Capital Improvements
  • Upside Potential
  • Monopoly and Economies of Scale
  • Low Supply at 2.6 sq. ft. per capita

OVERVIEW

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Calvary Realty is pleased to present the EZ Storage Portfolio, a unique opportunity to acquire a seven-property self-storage portfolio located throughout Marlin, TX. Situated within the Waco Metropolitan Statistical Area (population 307,123), this portfolio is being offered at $1,800,000, representing a compelling cap rate of 8.05% and an exceptionally low price per square foot of just $39.88. The portfolio includes properties at 5006 TX-7, 401 Bridge St, 261 Coleman St, 217 Winter St, 216 Winter St, 201 Capps St, and 113 Williams St—totaling 45,140 rentable square feet across 299 units. The facilities sit on a combined 3.17 acres with 138,028 gross square feet and consist of 10 single-story metal and steel buildings. Constructed between 1972 and 1994, the portfolio is currently operating at 79% physical occupancy. Zoned for commercial use (APNs: 50391, 27731, 32376, 33979, 26191, 27735, 36438), the properties offer both stability and future upside. Strategically located near State Highway 7 with an average daily traffic count of 8,524, EZ Storage Portfolio benefits from strong visibility and accessibility. As the main storage provider in the city, the portfolio enjoys a local monopoly, offering significant pricing power and economies of scale. Property only has 1 competitor, Marlin Self Storage, within a 10 mile radius. The market itself has a low self-storage density of just 2.6 square feet per capita, further supporting strong ongoing demand. The portfolio is managed using Cubby Management Software and presents excellent in-place income with additional upside potential through rate increases and improved occupancy.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

8.05%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EZ Storage Portfolio

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

SFR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brandon RobinsonCalvary RealtyMore Info
760-534-8135

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Brandon RobinsonCalvary RealtyMore Info
760-534-8135

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