2601 Willowbrook Rd - Self-Storage Facilities FOR SALE


Dallas, TX 75220- Northwest Dallas
$2,850,000 USD
239-293-3844
2601 Willowbrook Rd, Dallas, TX for Sale
$2,850,000 USD
Self-Storage Facilities - FOR SALE
1/8
null | 6.4% Cap Rate

2601 Willowbrook Rd
Dallas, TX 75220
Northwest Dallas


OVERVIEW

- Cash-Flowing Self Storage Facility With Upside Located in the Heart of the Dallas MSA - Facility is Comprised of 280 Non-Climate Units Totaling 41,610 Net Rentable Square Feet and Currently Sits at 68.57% Physical Occupancy - Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases - Recent Cap/Ex Improvements Include Major Roof Repairs, Office Renovation, New Dumpster Enclosure, New Security System, Plumbing Repairs, and Upgrades to Exterior Lighting - Facility is an Excellent Candidate for Remote Management With Security Cameras, Automatic Gate, Keypad Entry, and Management Software Already in Place - Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Sales - Very Strong Demographics Featuring a Population of 236,538 Residents and an Average Household Income of $127,026 Within Five Miles of the Property - Dallas, Texas, is the 9th Largest City in the United States and is Home to 1,331,752 Residents - The Dallas-Fort Worth-Arlington MSA is the 4th Largest in the United States and is Home to 8,344,032 Residents

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

US Storage Centers (Managed)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,154 SF

ZONING

IR

APN/PARCEL ID

00000601093000000

ASK ABOUT THIS PROPERTY

Frank DeSalvoFranklin StreetMore Info
239-293-3844

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

Frank DeSalvoFranklin StreetMore Info
239-293-3844

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