Published on: Wednesday, May 1, 2024
Updated on: Thursday, May 2, 2024
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About the Lister
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Name: Geramie Bascomb
Company: Calvary Realty
Office Phone: (909)380-0073
Cell Phone: (909)701-7770
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Financing  Business  Material
  Half Price Storage Mineral Wells
2806 US-180 West Mineral Wells Texas , 76067
2806 US-180 West Mineral Wells Texas                                                                                               , 76067Calvary Realty
Listing ID: CL-Texas-10452

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 4
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Texas-10452
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1986
Building Size: 36,776.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: Yes
Building Status: Existing
Listing Summary
Half Price Storage #1 at 2806 US-180 West, Mineral Wells is an exceptional investment opportunity in the Dallas-Fort Worth Metropolitan Area
Complete Details
Year Build: 1986
Building Size: 36,776 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 288
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: Yes
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
The Calvary Realty National Storage Group is pleased to present this investment opportunity in Mineral Wells, Texas. Half Price Storage #1 at 2806 US-180 West, Mineral Wells, TX 76067, presents an exceptional investment opportunity in the Dallas-Fort Worth Metropolitan Area, with a pricing guidance of $3,800,000. Built in 1986, this storage facility spans 86,772 land square feet, featuring 36,326 square feet of enclosed space distributed across 288 units. The property boasts an impressive physical occupancy rate of 93%, demonstrating its popularity among tenants. Situated on 1.99 acres in Palo Pinto County, Half Price Storage #1 offers creative financing options to potential investors, making it an accessible and lucrative venture. The use of containers in construction enhances the facility's durability and security. Located near SW 26th Ave and Palo Pinto Hwy, with easy access to W US Highway 180 and a traffic count of 15,900, this storage facility is strategically positioned to attract a broad customer base. The high demand for self-storage in the 4th largest MSA contributes to the property's success.
Additional Properties
Property Highlights
  • Located in the 4th largest MSA
  • Creative financing available
  • High Demand for self storage
  • 289 Units
  • 93% occupancy
  • Approximately 2 acres of Land
  • Strong population growth projected for the next 5 years
Listing Location
Attached Documents
  • Download | 2022PNL.pdf ( 520.83KB)
  • Download | Half_price_storage_Custom_Unit_Report.pdf ( 26.74KB)
  • Download | Property_Taxes.pdf ( 164.42KB)
  • Download | Rent_Roll_2023_Half_Price_Storage.pdf ( 34.75KB)
  • Download | Half_price__storage_MONTHLY_EXPENDITURES_2023.xlsx ( 30.62KB)
  • Download | Title-Profile-pdf.pdf ( 208.79KB)
  • Download | OM___Half_Price_Storage___April_2024.pdf ( 7,595.72KB)
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