Unique opportunity on 7.81 acres with 2 acres of land for expansion! All secured storage-99 units- 94% occupancy. All non-Climate units. 35,019 sq.ft. South 513 RV& Storage offers a mix of different unit sizes to fit a variety of different client needs. The RV canopy can accommodate 14 units with an RV dump service area.Office, tornado shelter and manager-owner’s house on site along with a stocked pond! Room for expansion and significant revenue potential!. Upside through raising monthly rates to market and development. Very limited competition in this market within a 5-mile radius. Opportunities to significantly improve revenue through increasing physical and economic occupancy.
MLS# | 20680018 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1980 |
Days On Site | 77 |
Listing Provided By | Coldwell Banker Apex, REALTORS | Michael Barakatt |
SQ Feet | 35,019 |
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Car Port | Yes |
Story(s) | 1 |
Units | 99 |
Zoning | outside city limits SF-20 |
Acreage | 7.82 |
State | TX |
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County | Hunt |
City | Lone Oak |
Zip Code | 75453 |
Area | Hunt |
Community Name | Lone Oak |
Listing VS Median (in Lone Oak) | |
Price: $1,399,000 low | high Med: $1,399,000 SqFt: 35,019 low | high Med: 35,019 $ / SqFt: $40 low | high Med: $40 On Site: 77 low | high Med: 77.000000 |