For Sale
$440,000

12746 Fm 3271 Tyler, TX 75704

47 Units, High Occupancy, Strong ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
This stabilized self-storage facility in Tyler, Texas presents a compelling investment opportunity. Located at 12746 FM 3271, Smith County, zip code 75704, this property boasts 47 units totaling 4,600 net rentable square feet on a 1.058-acre lot. The facility, built in 1998 and consisting of three single-story buildings, currently enjoys an 82% occupancy rate, generating a Net Operating Income (NOI) of $30,618, representing a 7.00% cap rate. The asking price is $440,000, or $9,361.70 per unit, and $95.65 per square foot. The unit mix includes twelve 5x10 units, thirty 10x10 units, and five 10x20 units, catering to a variety of storage needs. The property is fully fenced, ensuring tenant security. The property is zoned commercial (APN: R047426) and offers significant potential for future expansion given the ample lot size and current high demand. This turnkey operation provides immediate cash flow with substantial upside for growth through increased rents, additional units, or value-added services. The property's strong performance history and location in a growing market make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility with significant potential for future appreciation.

Highlights

  • $440,000 asking price for a stabilized self-storage investment.
  • 4,600 square feet of net rentable space in 47 units.
  • 7% cap rate with $30,618 NOI and 82% occupancy.
  • Located on a 1.058-acre lot in Tyler, TX (APN: R047426).
  • Three single-story buildings built in 1998 with commercial zoning.

Property Details for 12746 Fm 3271

Property type
Self storage facilities
Square Feet
4,600 SF
Year Built
1998
Buildings
3
Stories
1
Lot Size (sq. ft)
46,086 SF
Units
47

Location Insight

City
Tyler
County
Smith
State
Texas
Latitude
32.4187251
Longitude
-95.3801803

FAQs

What type of property is this?
Self storage facility - 47 Units, High Occupancy, Strong ROI
Where is the self storage facility located?
The property is located at 12746 Fm 3271 Tyler, TX.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: $440,000 asking price for a stabilized self-storage investment.; 4,600 square feet of net rentable space in 47 units.; 7% cap rate with $30,618 NOI and 82% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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12746 Fm 3271
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