306 Corporate Woods Dr - Self-Storage Facilities FOR SALE
Magnolia, TX 77354 |
306 Corporate Woods Dr
Magnolia, TX 77354
HIGHLIGHTS
- Pro Forma Cap Rate 6.43%
- 99% physical occupancy with rent due on 1st and a majority of tenants on automatic payments
- Within 3 miles, the population exceeds 20,000 (projected 16% growth by 2025) with median annual household income at approximately $116,000
- 5+ acres of available expansion opportunity (not included in offering price) with entrance off of FM 1488 for the 3.3+/- acre expansion tract. Detenti
- ?Individual door alarms for all enclosed units
- Very low tax rate
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Corporate Woods Storall
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
ADD'L SUBTYPES
Parking Lot
TOTAL BUILDING SIZE
99830
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
6
LAND DETAILS
LAND ACRES
8.28 AC AC
LAND SF
360,633 SF
ZONING
-
APN/PARCEL ID
8879-00-01700
