3211 116th Street

    Lubbock, TX 79423
    • $1,790,000
    • STATUS: Active
    • ON SITE: 117 days
    • MLS #: 201810125
    UPDATED: 114 min ago
    $1,790,000
    • 0
      BEDS
    • 10.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,600
      SQFT
    • $58
      $/SQFT
    Neighborhood:
    770
    Type:
    Commercial
    County:
    Area:
    7

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    Here is a rare chance to own an established storage unit complex!!! With a great location and lots of room to expand, this one will be a money maker. With built in automated systems, a single part-time employee can easily manage the entire property with ease. This property includes 241 Storage Units on 10.03 acres, located right off of Indiana on 116th st. This property brings in around $15,500/month, but has potential to vastly increase income.The property consists of 4 buildings, including a full functioning office with restroom, security gates, cameras, and a large tract of land behind storage buildings. . Occupancy rates for the units stay around 90% and there are several acres of unused land that could be used for expansion. There is a tower on the property that can be leased back to the owners to add income to the property. There is a combination of climate controlled units, dust free units and non climate controlled units. Entire package is 10.03 acres. Call for more info

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    © 2019 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-03-20T23:59:08.76.
    www.resideinlubbock.com/homes/89609269

    3211 116th Street Lubbock, TX 79423

    • Price: $1,790,000
    • Status: Active
    • Updated: 114 min ago
    • MLS #: 201810125
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.05
    Acres
    30,600
    SQFT
    $58
    $/SQFT
    Neighborhood:
    770
    County:
    Lubbock
    Area:
    7
    Elementary School:
    Lubbock-Cooper Centr
    Middle School:
    Lubbock-Cooper
    School District:
    Lubbock-Cooper Isd
    Property Description
    Here is a rare chance to own an established storage unit complex!!! With a great location and lots of room to expand, this one will be a money maker. With built in automated systems, a single part-time employee can easily manage the entire property with ease. This property includes 241 Storage Units on 10.03 acres, located right off of Indiana on 116th st. This property brings in around $15,500/month, but has potential to vastly increase income.The property consists of 4 buildings, including a full functioning office with restroom, security gates, cameras, and a large tract of land behind storage buildings. . Occupancy rates for the units stay around 90% and there are several acres of unused land that could be used for expansion. There is a tower on the property that can be leased back to the owners to add income to the property. There is a combination of climate controlled units, dust free units and non climate controlled units. Entire package is 10.03 acres. Call for more info
    Exterior Features

    Crops No Foundation Slab Parking Spaces 0 Wells 0

    Interior Features

    Ceiling Height 0.0 Overhead Doors 0

    Property Features

    Commercial Type Business Est Annual Taxes 0.00 Lot Size Source (Tax Data) Minerals No Occupied Yes Proposed Financing CashConventionalFha Security Deposit 0.00 Specific Use Yes Sq Ft Source Tax Data Will Divide No

    Listing provided courtesy of Kendra Sutherland of Kendra Sutherland, Realtors. Listing information © 2019 Lubbock Association of REALTORS® MLS.
    © 2019 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-03-20T23:59:08.76.
     
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    10210 Quaker ave
    Lubbock TX, 79424