Commercial For Sale: USA Texas Avinger 205 Highway 155
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$375,000 USD

205 Highway 155
Avinger, Texas 75630
USA
Commercial for Sale, Other Commercial Property
Land size: 0.88 ha :: 2.18 acres
Sale price per sqm: 0
Tax: 3,717 USD
CENTURY 21 Platinum Partners
807 W Main St.
Atlanta, Texas 75551, United States
Phone: 9037961026

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Remarks:

This well-established self-storage facility is conveniently located in Avinger, Texas, situated on State Highway 155 near the intersection with Highway 49. Positioned at the strategic crossroads of Lake O’ the Pines, Jefferson, Hughes Springs, Linden, and Ore City, the property occupies over two acres with significant potential for growth. Currently operating at 60% occupancy, the facility offers 64 units ranging from 5x10 to 10x15, housed in two buildings constructed in 2000 and 2002. Enhanced security features include perimeter fencing and automated coded gate access, providing tenants with peace of mind. The spacious layout allows for easy maneuvering of trucks and trailers, adding to tenant convenience. An additional vacant acre offers ample opportunity for expansion, including the possibility of RV and boat storage to leverage the nearby lakes and surrounding communities. Managed through a fully integrated online platform with seamless payment processing and tenant services, the business runs smoothly and efficiently. With a current cap rate of approximately 7.4% based on the asking price and potential to increase to 15.2% by filling all units, along with additional income opportunities from developing the extra acre, this property presents a compelling investment. It’s an ideal prospect for an owner ready to dedicate time and vision to unlock its full potential in this thriving East Texas market. The property has a new survey and is ready for its new owners!

Features:

  • Year Built: 2008
  • Building age: 11-20 years old
  • Utilities: City water, City sewer

Location:

205 Highway 155, Avinger, Texas 75630, USA
Listed By CENTURY 21 Platinum Partners

The Commercial for Sale, Other Commercial Property located at 205 Highway 155, Avinger, Texas 75630, USA is currently for sale. 205 Highway 155, Avinger, Texas 75630, USA is listed for $375,000 USD. If the property located at 205 Highway 155, Avinger, Texas 75630, USA isn't what you're looking for, search Texas Real Estate to see other Commercial For Sale in Avinger.

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