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.