7400 Fm 850

Description

Cash flow investment opportunity! Now is your chance to acquire a recently built self-storage facility in Tyler, TX. This facility was just opened in January and is already at 20% capacity and growing. The property features 69 10x10 units, 44 of which can be flexed to make 22 10x20 units. There are 29 10x15 units, 26 of which can be flexed to make 13 10x30 units. The facility consists of 4 buildings all completed in 2024 with a conditioned office space on 3.443 total acres. Phase 1 was completed in 2024, and phase 2 has already been designed to expand to almost 300 total units. Key features include: Security: The property is equipped with security fencing and automatic coded entry gates with client specific pin codes for enhanced safety. Accessibility: There is ample space for easy maneuvering of trucks and trailers around the entire property. Expansion Potential: The site includes almost 2 acres of undeveloped land, offering plenty of room for additional storage buildings, RV/boat storage. The business operates almost exclusively online, providing a seamless booking, contract, CRM, & payment system and a fully functional website with dedicated email & phone number conveying with the sale. The property is located within an IRS opportunity zone, which allows for capital gains tax deferment, tax savings, and potentially tax free gains. This is an excellent investment opportunity to generate monthly cash-flow! Business website: https://www.easttylerstorage.com