Remarks

INVESTORS looking for a GREAT VALUE-ADD property with LOW MAINTENANCE will love this deal on the high-traffic Business-Hwy.-35, at 530 W Cleveland. Priced WAY BELOW County Appraisal District value, it's priced to sell at Less than $6,430/unit. It won't take much to get this place up to speed for easy income and instant equity. The 35 units include 21 inside units (Ten ~10x8' and Eleven ~15x9') off central hallways that can be "Climate-controlled," while the other 14 (~9x9') have individual exterior doors. The lot itself is a Value-Add with the large grassy area that could either be fenced for outside storage or could have more units built on it. A recent paint job on the whole Exterior building has it looking fresh, and your brand new sign and re-branding for 24-hour access, climate-controlled storage units with easy in-and-out access can breathe new life in a great little property. With low expenses and steady income potential, this could be the perfect low-cost investment.

Details

MLS#: 449161
Price: $225,000

Style: Warehouse
Sq Ft: 4938
Year Built: 1997

County: San Patricio
Subdivision: Aransas Pass-townsite
Lot Size: ~198x146