1309 N Stemmons St - A stable Self Storage business- Price Reduced
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1309 N Stemmons St - A stable Self Storage business- Price Reduced
18,696 SF Speciality Building Offered at £1,251,920 at a 7.12% Net Initial Yield in Sanger, TX 76266
Investment Highlights
- Excellent visibility - Interstate 35 visibility and frontage. Conssidered one of the busiest highways in the US.
- Growing population in Northern Denton County combined with both commercial and residential construction activity under way.
- Very easy to run facility, can be absentee owner. Contact less move-in since 2015 and current manager has been in place since 2017.
- All Utilities are available - Electric, Water and Sewer!
- Two large universities; University of North Texas (UNT) and Texas Women’s University (TWU) are within 15 minutes of the facility.
- The business and units are managed using web-based system since 2015. Established website with Online Payment capabilities since 2015.
Executive Summary
An established self-storage facility located in Sanger, Texas, with frontage on Interstate 35, just north of Denton, Texas. This 18,696 square feet property is situated on ±1.0001 acres and has 101 non-climate-controlled units. Please do not contact the leasing office.
Property Facts
| Price | £1,251,920 | Building Class | B |
| Price Per SF | £67 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 18,696 SF |
| Net Initial Yield | 7.12% | Number of Floors | 1 |
| Property Type | Speciality | Year Built/Renovated | 1995/2022 |
| Property Subtype | Self-Storage |
| Price | £1,251,920 |
| Price Per SF | £67 |
| Sale Type | Investment |
| Net Initial Yield | 7.12% |
| Property Type | Speciality |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 18,696 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1995/2022 |
PROPERTY TAXES
| Parcel Number | R114830 | Improvements Assessment | £282,264 |
| Land Assessment | £136,347 | Total Assessment | £418,611 |
PROPERTY TAXES
Parcel Number
R114830
Land Assessment
£136,347
Improvements Assessment
£282,264
Total Assessment
£418,611
zoning
| Zoning Code | Industrial (Zoning: Industrial Commercial) |
| Industrial (Zoning: Industrial Commercial) |
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1309 N Stemmons St - A stable Self Storage business- Price Reduced
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