1211 Tarrant St Bowie, TX 76230
Three facilities, 216 units, strong ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Bowie Central Storage: 95% physical, 98% economic occupancy; 76 non-climate, drive-up units; revenue growth potential via rate adjustments.
- Valley Mills Self Storage: 98% physical, 99% economic occupancy; 71 non-climate, drive-up units; strong market position as the only facility in town; significant rent increase potential.
- Honey Grove Self Storage: 72% physical, 73% economic occupancy; 69 non-climate, drive-up units; limited competition; expansion and marketing opportunities for occupancy growth.
- Value-add opportunities exist through rate increases and improved revenue management across all properties.
- Honey Grove location offers expansion potential for additional units.
- Implement remote management to reduce operational costs and improve efficiency.
Property Details for 1211 Tarrant St
- Property type
- Self storage facilities
- Class
- C
- Stories
- 1
- Units
- 216
Location Insight
- City
- Bowie
- County
- Montague
- State
- Texas
- Latitude
- 33.5536591
- Longitude
- -97.8369866
Nearby Similar for Sale
FAQs
- What type of property is this?
- Self storage facility - Three facilities, 216 units, strong ROI.
- Where is the self storage facility located?
- The property is located at 1211 Tarrant St Bowie, TX.
- What is the asking price?
- The asking price for this property is $1,500,000.
- What are key features of this property?
- This property features: Bowie Central Storage: 95% physical, 98% economic occupancy; 76 non-climate, drive-up units; revenue growth potential via rate adjustments.; Valley Mills Self Storage: 98% physical, 99% economic occupancy; 71 non-climate, drive-up units; strong market position as the only facility in town; significant rent increase potential.; Honey Grove Self Storage: 72% physical, 73% economic occupancy; 69 non-climate, drive-up units; limited competition; expansion and marketing opportunities for occupancy growth.
- How can I contact the broker?
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