Mark Wallar - Coldwell Banker Apex Realtors
457 Fm 2264
Decatur, TX 76234

$4,500,000

Description

Storage facility opened in March 2018! As of September 2018 the facility is at 36% occupancy rate and is growing steady every month. Gross income is projected based on only being opened for 7 months. Located on close to 10 acres with about 62,500 square feet(116 units) of leasable enclosed storage space, approx. 54,000 square feet of leasable Boat and RV covered parking, or 90 spaces. Additionally, there are 59 outdoor parking spaces. There is also a 9000 sq.ft. warehouse building with reception-retail area and offices. Security consists of a controlled access gate, 24 state of the art video surveillance cameras throughout. About 2 acres has not been utilized yet, can be used for additional units for expansion

Details

MLS#13759377
Sub-TypeResale
StatusActive
Year2017
Days On Site305

Features

SQ Feet125,500
Story(s)1
Units358
Zoning0

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Area Information

StateTX
CountyWise
CityDecatur
Zip Code76234
AreaWISE COUNTY (72)
Listing VS Median (in 76234)
Price:
$4,500,000
low | high
Med:
$284,900
100% of Average
SqFt:
125,500
low | high
Med:
2,962
100% of Average
$ / SqFt:
$36
low | high
Med:
$96
100% of Average
On Site:
305
low | high
Med:
130
100% of Average
Listing Updated: 11/19/2018
MLS Number: 13759377
Listing Provided By:
Stefan Elofsson  of  DFW Fine Properties

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.