Remarks

Here's a great investment opportunity in Beeville, Texas: a climate-controlled storage building with 41 units. The cap rate is 12%. The building is single story and is 100% climate controlled. There is a detached 1625 square foot non-climate-controlled garage rented as several separate units as well as two metal containers which are also rental units. The lot size is approximately .61 acre, according to the appraisal district. Climate controlled storage units are in demand and currently the occupancy rate is 90%. This property is located north of town and the attractive building has a metal roof. It has easy accessibility, located just off Hwy. 181 N. There is pavement around the buildings which allows for parking or perhaps the addition of more storage units. There are three entrances at the building and a large attractive sign. Please call for a complete tour.

Details

MLS#: 450490
Price: $499,000

Style: Industrial
Sq Ft: 7560
Year Built: 1989

County: Bee
Subdivision: Roy Vance