25 unit self storage property available...25 unit self storage property available self-storage or...

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8310 E FM 3523, Ransom Canyon, TX 79366 25 UNIT SELF STORAGE PROPERTY AVAILABLE SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE PROPERTY OVERVIEW Investment opportunity available with ability to expand number of units or develop additional 6.5 acres for multiple usage. This facility caters to Ransom Canyon residential area. Property has three storage buildings, two with 10 units, one with 5 units, and also a 1,500 SF warehouse. Warehouse has one 10 X 12 grade level door in front and back. Ample area for signage on main road leading into Ransom Canyon neighborhood. Property lies behind the Retail Center. Located approximately 5 miles East of Lubbock on 50th Street/FM 3523 in Ransom Canyon. Owner is willing to 9nance. Contact David for pro-forma and more details! PROPERTY FEATURES Main entrance to Ransom Canyon Lake Development opportunities Retail Center in immediate area SALE PRICE: $235,000 CAP RATE: 7.8% LOT SIZE: Approx. 3.5 Acres BUILDING SIZE: 6,300 SF NUMBER OF UNITS: 25 OCCUPANCY RATE: 80% YEAR BUILT: 2006 THE POWELL GROUP 806.239.0804 10210 Quaker Avenue Lubbock, TX 79424 www.Lubbockcommercialrealestate.com We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. DAVID POWELL Commercial Broker/ Murphy Business Broker 0 806.239.0804 [email protected]

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Page 1: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7

8310 E FM 3523, Ransom Canyon, TX 79366

25 UNIT SELF STORAGE PROPERTY AVAILABLE

SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE

PROPERTY OVERVIEWInvestment opportunity available with ability to expand number ofunits or develop additional 6.5 acres for multiple usage. This facilitycaters to Ransom Canyon residential area. Property has threestorage buildings, two with 10 units, one with 5 units, and also a1,500 SF warehouse. Warehouse has one 10 X 12 grade level door infront and back. Ample area for signage on main road leading intoRansom Canyon neighborhood.

Property lies behind the Retail Center. Located approximately 5 milesEast of Lubbock on 50th Street/FM 3523 in Ransom Canyon.Owner is willing to 9nance. Contact David for pro-forma and moredetails!

PROPERTY FEATURESMain entrance to Ransom Canyon Lake

Development opportunities

Retail Center in immediate area

SALE PRICE: $235,000

CAP RATE: 7.8%

LOT SIZE: Approx. 3.5 Acres

BUILDING SIZE: 6,300 SF

NUMBER OF UNITS: 25

OCCUPANCY RATE: 80%

YEAR BUILT: 2006

THE POWELL GROUP806.239.080410210 Quaker AvenueLubbock, TX 79424

www.Lubbockcommercialrealestate.com

We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DAVID POWELLCommercial Broker/ Murphy Business Broker0 [email protected]

Page 2: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7

8310 E FM 3523, Ransom Canyon, TX 79366

25 UNIT SELF STORAGE PROPERTY AVAILABLE

SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE

UNIT TYPE COUNT % TOTAL SIZE (SF) ANNUAL RENT

8x10 7 28.0 80 $468

10x15 4 16.0 150 $708

10x26 9 36.0 260 $949

10x30 3 12.0 300 $1,188

25x60 1 4.0 1,500 $5,400

8x10 1 4.0 80 $300

Totals / Averages 25 100% 5,980 $23,913

THE POWELL GROUP806.239.080410210 Quaker AvenueLubbock, TX 79424

www.Lubbockcommercialrealestate.com

We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DAVID POWELLCommercial Broker/ Murphy Business Broker0 [email protected]

Page 3: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7

THE POWELL GROUP806.239.080410210 Quaker AvenueLubbock, TX 79424

www.Lubbockcommercialrealestate.com

We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DAVID POWELLCommercial Broker/ Murphy Business Broker0 [email protected]

8310 E FM 3523, Ransom Canyon, TX 79366

25 UNIT SELF STORAGE PROPERTY AVAILABLE

SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE

Page 4: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7

THE POWELL GROUP806.239.080410210 Quaker AvenueLubbock, TX 79424

www.Lubbockcommercialrealestate.com

We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DAVID POWELLCommercial Broker/ Murphy Business Broker0 [email protected]

8310 E FM 3523, Ransom Canyon, TX 79366

25 UNIT SELF STORAGE PROPERTY AVAILABLE

SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE

Page 5: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7

THE POWELL GROUP806.239.080410210 Quaker AvenueLubbock, TX 79424

www.Lubbockcommercialrealestate.com

We obtained the information above from sources we believe to be reliable. However, we have not veri:ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or :nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

DAVID POWELLCommercial Broker/ Murphy Business Broker0 [email protected]

8310 E FM 3523, Ransom Canyon, TX 79366

25 UNIT SELF STORAGE PROPERTY AVAILABLE

SELF-STORAGE OR DEVELOPMENT PROPERTY FOR SALE

Page 6: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7
Page 7: 25 UNIT SELF STORAGE PROPERTY AVAILABLE...25 unit self storage property available self-storage or development property for sale unit type count % total size (sf) annual rent 8x10 7