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OFF MARKET Storage Units in Sulphur Springs- Capture $337k overnight! - $599,990 (Sulphur Springs, Texas)

OFF MARKET Storage Units in Sulphur Springs- Capture $337k overnight! 1 thumbnailOFF MARKET Storage Units in Sulphur Springs- Capture $337k overnight! 2 thumbnail

OFF MARKET Storage Facility in Sulphur Springs!
17 units total at 7,788 square feet. All temperature controlled!!!
Currently being rented at $4,300 a month which is about $.55 a sqft.
Fully occupied with a wait list. Rents have not been raised for over 3 years.
If you raise rents anywhere between $.80 - $1.00 per square foot; immediately capture $337K value over-night!
There are no other temperature controlled storage units in the immediate area. We are one minute drive into center of town (as per gmaps). Competitive advantage? Utilities are sitting around an average of $350 a month, Insurance is $2,000 a year, taxes are $3,500 a year, Misc $1,000 a year. Closing 6/28

post id: 7754126480

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