36 Sam Pearl Blvd - Self-Storage Facilities FOR SALE


Brownsville, TX 78520
$2,300,000 USD
956-579-7169
36 Sam Pearl Blvd, Brownsville, TX for Sale
$2,300,000 USD
Self-Storage Facilities - FOR SALE
1/20
null | 6% Cap Rate

36 Sam Pearl Blvd
Brownsville, TX 78520


HIGHLIGHTS

  • Part of the New TIRZ Zone - Possible Hotel site
  • 2 international bridges next door - 2 major projects next door to us - 60 million pedestrian bridge to Mexico -250 Million Bridge Reconstruction
  • Pending proposal for Hotel Site - Riverfront Project

OVERVIEW

Thesubjectsiteisimprovedwithasinglestory selfstoragefacilitythatconsistsof135unitsof which 60 are climate controlled units and 75 are non-climatecontrolled units. The total square footage is 24,590 +/-square feet of which 9,000squarefeet isthenonclimatecontrolled storage units and 15,590 square feet is the climate controlled storage units. Exterior construction is pre fabricated metal on a concreteslab foundations. Interiorof theunits have minimal finish. The unit sizes are as follow (61)5'x10',(23)10'x10',(10)10'x15',(36) 10' x20',(1)20'X28',(1)25'X28',(1)28'X 38',(1)40'x60'x10'and(1)50'x70'x10'. In additiontherearealso230.5'x0.5'units.Note: Theclimatecontrolledunitshaveawiderange ofunitsizeswhichisgenerallynottypicalofself storageunits facilities. Asper theCameron County Appraisal District the building was constructedin1999.Thebuildingisinaverage condition and is considered to have an effective ageof20yearswitharemainingeconomiclife of 25 years. Other improvements include concretepaveddrives,perimeter fencingwith access gate,

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

C

APN/PARCEL ID

014562-0010-003200

ASK ABOUT THIS PROPERTY

Raul MendezHermanos Mendez LLCMore Info
956-579-7169

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Raul MendezHermanos Mendez LLCMore Info
956-579-7169

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