906 Reppert St - Self-Storage Facilities FOR SALE


Bacliff, TX 77518 | 
$1,250,000 USD
832-271-7271
906 Reppert St, Bacliff, TX for Sale
$1,250,000 USD
Self-Storage Facilities - FOR SALE
1/15
null | Request Cap Rate

906 Reppert St
Bacliff, TX 77518


OVERVIEW

906 Reppert St. presents a compelling value-add investment opportunity featuring a 110-unit self-storage facility, a 2-bedroom, 2-bath rental residence, reception area, private office, and half bath on approximately 0.65 acres in Bacliff, Texas. The property offers an established storage operation with significant lease-up potential. Current operating reports reflect approximately 64% physical occupancy, providing an opportunity for an investor to increase revenue through improved occupancy, rental-rate management, and operational efficiencies. Approximately 40 units are currently available, allowing additional income growth without the need for new construction. The current operating profile includes approximately $105,322 in annualized occupied-unit rental revenue, with an additional $42,252 in annual asking-rent potential from currently available units. Underwriting indicates approximately $147,574 in conservative stabilized gross rent potential and approximately $167,899 at full-capacity performance. The property also benefits from an on-site 2-bedroom, 2-bath residence, providing additional income potential and/or an on-site manager residence. The reception and private office areas provide functional space for property management and customer operations.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

110 Units Self-Storage | 2BR/2BA Residence

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

Unincorporated

APN/PARCEL ID

0153-0023-0000-000

ASK ABOUT THIS PROPERTY

Parbatie GalvanOptima RealtyMore Info
832-271-7271

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Parbatie GalvanOptima RealtyMore Info
832-271-7271

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