8598 US Hwy 271 S - Self-Storage Facilities FOR SALE


Gilmer, TX 75645
$885,000 USD
713-320-9651
8598 US Hwy 271 S, Gilmer, TX for Sale
$885,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | 8.85% Cap Rate

8598 US Hwy 271 S
Gilmer, TX 75645


HIGHLIGHTS

  • Excellent Highway Frontage
  • Expansion Room
  • Manage remotely

OVERVIEW

West Mountain Storage presents the opportunity to acquire a stabilized self-storage asset with a long operating history and consistent performance. The property has been owned and operated by the current owner since 2003 and has maintained strong occupancy, currently averaging approximately 89%. The facility consists of 119 units of varying sizes and is fully fenced and gated, providing secure and accessible storage for the surrounding community. All improvements are well maintained, with clean structures and a functional on-site office supporting day-to-day operations. The asset generates a 2025 NOI of approximately $84,320 and has achieved this performance with minimal operational complexity. Notably, the property has operated without formal marketing or advertising efforts, highlighting organic demand and providing a clear path for revenue growth. Operational upside exists through the implementation of google business placement, website, advertising, remote management and digital leasing platforms

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

8.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

ADD'L SUBTYPES

Parking Lot, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

F1

APN/PARCEL ID

77967

ASK ABOUT THIS PROPERTY

Peter MeyerGulf Commercial BrokerageMore Info
713-320-9651

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Peter MeyerGulf Commercial BrokerageMore Info
713-320-9651

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