Half Price Storage
Mineral Wells, TX
Executive Summary
Summary
- Price $3,800,000
- Property Address 2806 US-180 West, Mineral Wells, TX 76067
- Number of Units 288
- Cap Rate 4%
- Occupancy 93%
- Acreage 1.99
- Traffic Count 15,900
- Rentable Square Footage 36,776
- Price Per Square Foot $138.68
- Construction Metal, Steel, & Containers
- Year Built 1986
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father Except through Me."
The Calvary Realty National Storage Group is pleased to present this investment opportunity in Mineral Wells, Texas.
Half Price Storage #1 at 2806 US-180 West, Mineral Wells, TX 76067, presents an exceptional investment opportunity in the Dallas-Fort Worth Metropolitan Area, with a pricing guidance of $3,800,000.
Built in 1986, this storage facility spans 86,772 land square feet, featuring 36,326 square feet of enclosed space distributed across 288 units. The property boasts an impressive physical occupancy rate of 93%, demonstrating its popularity among tenants.
Situated on 1.99 acres in Palo Pinto County, Half Price Storage #1 offers creative financing options to potential investors, making it an accessible and lucrative venture. The use of containers in construction enhances the facility's durability and security.
Located near SW 26th Ave and Palo Pinto Hwy, with easy access to W US Highway 180 and a traffic count of 15,900, this storage facility is strategically positioned to attract a broad customer base. The high demand for self-storage in the 4th largest MSA contributes to the property's success.
Key Facts
Team
Geramie Bascomb
