5824 Watauga Rd - Self-Storage Facilities FOR SALE


Watauga, TX 76148
$450,000 USD
940-230-4921
5824 Watauga Rd, Watauga, TX for Sale
$450,000 USD
Self-Storage Facilities - FOR SALE
1/26
null | 6.68% Cap Rate

5824 Watauga Rd
Watauga, TX 76148


HIGHLIGHTS

  • Self Storage
  • High traffic count on main road

OVERVIEW

Excellent investment opportunity in a growing market! This 52-unit non-climate controlled self-storage facility offers stable cash flow with significant potential for increased income. Situated in a high-demand area with continued residential and commercial development, the property benefits from strong local demographics and limited nearby competition. The facility features a range of unit sizes catering to both personal and small business storage needs. Current rental rates are below market average, presenting a clear opportunity for rate increases and improved revenue. With high occupancy and minimal operational overhead, this is an ideal asset for investors looking to expand or enter the self-storage sector.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

6.68%

% 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

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,898 SF

ZONING

Commercial/ Industrial

APN/PARCEL ID

00355577

ASK ABOUT THIS PROPERTY

Casey TurnerBerkshire Hathaway HomeServices Premier PropertiesMore Info
940-230-4921

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Casey TurnerBerkshire Hathaway HomeServices Premier PropertiesMore Info
940-230-4921

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