1815 N Llano St, Fredericksburg, TX 78624
sale
$834,900
|
Commercial-Other
Listed By CENTURY 21 The Hills
{This is a part of a four-tract portfolio offering a strategic blend of immediate income, operational flexibility, and long-term upside} Income-Producing Storage Facility Opportunity | Fredericksburg, TX Located along the growing HWY 16 corridor (1.5 miles from Main St) - here is a rare opportunity to acquire a 97-unit storage facility situated on approximately 1.45 acres, with over 10,560 square feet of rentable space. {Interactive map available} This established property is currently generating income and has been held as a low-management, family-operated asset, resulting in a unique opportunity for a new owner to step in and maximize operational efficiency, increase occupancy, and drive revenue growth. Investment Highlights: * 97 Storage Units across 10,560 SF * 1.45 Acres with room for operational improvements or potential expansion (buyer to verify) * Existing Income Stream with in-place tenants * On-Site Well supporting property operations * High-Demand Location with continued residential and commercial growth in Fredericksburg * Located in the ETJ with sewer connected Value-Add Potential: Currently operated with a hands-off approach - A more engaged ownership could unlock significant upside through: * Increased marketing and visibility * Rent adjustments to market rates * Implementation of online leasing and management systems * Operational streamlining and expense optimization Fredericksburg's continued growth, paired with strong demand for storage, positions this asset as both a stable income producer and a strategic value-add investment.
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Property Features
- Building Area: 10560.00 SF
- Cross Docks: N
- Exterior Description: Other
- For Auction: N
- MLSID: 1958655
- Parking Places: 0
- Price Per Area: 79.06
- Price Upon Request: N
- Roof: Metal Roof
- Sewer: City
- Style: Other Style
- Sublease: N
- Taxes: $4998.00
- Year Built: 1995
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