5824 Watauga Road, Watauga, TX 76148
sale
$450,000
|
Business
Courtesy Of Alexander Chandler Realty, LLC, Listed By Casey Turner
Excellent investment opportunity in a growing market! This 52-unit non-climate controlled self-storage facility offers stable cash flow with significant potential for increased income. Situated in a high-demand area with continued residential and commercial development, the property benefits from strong local demographics and limited nearby competition.
The facility features a range of unit sizes catering to both personal and small business storage needs. Current rental rates are below market average, presenting a clear opportunity for rate increases and improved revenue. With high occupancy and minimal operational overhead, this is an ideal asset for investors looking to expand or enter the self-storage sector.
The facility features a range of unit sizes catering to both personal and small business storage needs. Current rental rates are below market average, presenting a clear opportunity for rate increases and improved revenue. With high occupancy and minimal operational overhead, this is an ideal asset for investors looking to expand or enter the self-storage sector.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Exterior Type: Metal Siding
- Floor Covering: Concrete
- Heating System: None (Heating)
- Legal Description: BROWNING HEIGHTS NORTH#21 & 22 BLOCK 24 LOT 1
- MLSID: 21259007
- Roof Type: Metal
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