Property ID Mini Storage 105
$510,000.00 ($800K in new construction)
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MINI STORAGE Windfern Near the Houston Race Track Houston, TX
$510,000.00 ($800K in new construction) Repairs 0 ARV
105 units
1. 49 are 10x10
2. 50 are 20x10
3. 6 are 10x5
4. no climate control
5. asking price of 530K
6. 28 units rented as of 6/1/09
7. Rental income of about 2,450 month
8. subdivision across the street went inactive as did most starter home projects, but some activity seem to be happening, the property will have 300 homes if and when completed
9. about 1 acre in size
10. no room for expansion on the 1 acre
11. lot next to the facility could be purchased, also about 1 acre in size
12. Very nice Facility, less than one year old.
13. Previous owner ran out of money, with downturn in market and health related issues.
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Commercial |
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