2 Mini Storage Locations -Mesquite & Balch Springs

Mesquite, TX (Dallas County)

Asking Price: $3,600,000

Real Estate Details

Listed on Jul 6, 2023

2 Storage Facilities For Sale. Looking for the best Cash Offer.

Mesquite, TX 75150

Listed at $3,600,000 for sale

1. Mesquite TX 75150
approx 70% occupancy
(200 Units)
Built in1983- 26,420SF

Taxes 22,739
Ins 9,039.00
Utilities & Trash 9826
Total $41,604

2. Balch Springs, TX 75180 approx 50%-65% occupancy
(73 Units)
Built-in 1982-8k SF

Taxes-12K
Insurance 6K
Property Mgmt-5-6% Need to add
Utilities-2k
Total 25k

>Total expenses on both= $61,604

Monthly Income on both
Jan-16.1
Feb-20.5
March-21.4
April-21
May-21.7
June -21.9
July-21.8
Aug 22k
Sept-21k
Oct-22k
Nov- 21-22
Dec 22k

>Monthly Income on both=252-264k approx.

We have storage buyers. Know anyone looking to sell?

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price $3,600,000

Cap Rate Available On Request

Additional Details

Street Address 3818 Town East Boulevard

Building Class Class C Building

Percent Occupied 75%

Zoning Commercial

Deal Terms

Who is Listing the Property? Real Estate Broker

Broker Co-Op? Yes

Seller Financing Available? No

Seller Willing To Lease? No

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