3917 FM 2147 W - Self-Storage Facilities FOR SALE


Cottonwood Shores, TX 78657
$999,999 USD
913-515-7652
3917 FM 2147 W, Cottonwood Shores, TX for Sale
$999,999 USD
Self-Storage Facilities - FOR SALE
1/20
null | 7.78% Cap Rate

3917 FM 2147 W
Cottonwood Shores, TX 78657


OVERVIEW

Presenting a strategic investment opportunity at 3917 FM 2147 W, Cottonwood Shores, TX 78657. This property boasts a single-story flex design, renovated in 2021, housing 52 self-storage units within a total rentable square footage of 14,497. Conveniently located off FM2147, the property offers optimal visibility and accessibility. Cottonwood Shores is a family-friendly community located on the Highland Lakes chain with an extensive Parks System including a Nature Preserve, two boat ramps; one for Lake Marble Falls and one for Lake LBJ; both constant level lakes. It is also a very quick drive to downtown Austin, TX. 88.5% occupied Cottonwood Shores, TX & 70% of tenants on auto-pay • Billboard lease provides additional income • Located between Horseshoe Bay and Marble Falls • Strong population growth includes residential and mixed use developments underway • High traffic intersection with high visibility • Cottonwood does not allow new or additional storage facilities. Competition is limited. • Occupancy over the last three years has been over 91%, even through regular price increases • City police headquarters nearby ensuring safety and highly patrolled area.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$69 USD /SF

CAP RATE

7.78%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

37684,37737,37738

ASK ABOUT THIS PROPERTY

Tyler PetersonCrescent Commercial LLCMore Info
913-515-7652

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Tyler PetersonCrescent Commercial LLCMore Info
913-515-7652

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