2600 Shanks Rd - Warehouse FOR SALE


Angleton, TX 77515
$229,000 USD
713-882-3195
2600 Shanks Rd, Angleton, TX for Sale
$229,000 USD
Warehouse - FOR SALE
1/29
null | Request Cap Rate

2600 Shanks Rd
Angleton, TX 77515


HIGHLIGHTS

  • Angleton 3,171-sqft mini self-storage facility with 36 units, small caretaker's cottage & mobile home on 0.93 acres by Business 288 & CR 220.
  • 322 ft Shanks Road Frontage & space available to expand or add boat & RV storage along the west side of the property.
  • Mini storage building & the cottage are fully fenced & gated with an automatic gate, electricity, city water & sewer.
  • 26 Large units lease for $70/month, 6 mid-size units lease for $50/month & 4 small units lease for $30/month.
  • Caretaker's cottage was leased for $400/month, with the tenant maintaining the property & mobile home lot leases for $500/month.
  • The location of the property is 1 block east of Business 288 and north of CR 220 on the south side of Angleton.

OVERVIEW

Angleton 36-unit mini self-storage facility & mobile home on 0.93 acres with 322 ft Shanks Road Frontage by Business 288 & CR 220. The property includes a 3,171-sqft (per BCAD) mini storage building built in 1992 & a small caretaker's cottage. Both the mini storage building & the cottage are fully fenced & gated with an automatic gate. Additionally, there is a mobile home lot outside the fenced area that is leased. The mobile home on the site is owned & maintained by the tenant. The mini storage facility has 26 large units that lease for $70/month, 6 mid-size units that lease for $50/month, & 4 small units that lease for $30/month. The caretaker's cottage was leased for $400/month, with the tenant maintaining the property. The mobile home lot leases for $500/month. The current occupancy rate for the mini storage is 50%, and the caretaker's cottage requires repairs & is currently vacant. There is space available to expand or add boat & RV storage along the west side of the property. Property has electricity, city water & sewer. The location of the property is 1 block east of Business 288 and north of CR 220 on the south side of Angleton.

FOR SALE DETAILS

PRICE

$229,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

36-Unit Mini Self-Storage on ~1 Ac by 288 Bus

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93

LAND SF

40,511

ZONING

-

APN/PARCEL ID

0134-0306-000,0134-0306-002

ASK ABOUT THIS PROPERTY

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713-882-3195

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Elgin WellsKW Commercial MetropolitanMore Info
713-882-3195

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