For Sale
$1,200,000
2216 Denman AveLufkin, TX 75901
High-Yield, 2023 Built Storage Facilities
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Two Class B self-storage facilities in Angelina County, TX, built in 2023, totaling 14,900 rentable sq ft and 97 units, currently 89% occupied.
- Lufkin Corner Storage (Lufkin, TX): 36 climate-controlled units, strong 5-mile population of 41,575, average household income of $68,516.
- Value-add opportunity with below-market rents, offering significant revenue growth potential.
- Angelina Storage (Huntington, TX): 61 units, 41 climate-controlled, average household income of $79,989, located 7.5 miles from Lufkin (pop. 34,000) and 20 miles from Nacogdoches (pop. 31,992).
- Both facilities feature keypads, security cameras, and are offered at $1,200,000 ($80.54/sq ft, 8.14% cap rate), situated on 1.88 acres, ground lease free.
Property Details for 2216 Denman Ave
- Property type
- Self storage facilities
- Square Feet
- 14,900 SF
- Class
- B
- Year Built
- 2023
- Buildings
- 3
- Stories
- 1
- Lot Size (sq. ft)
- 82,154 SF
- Units
- 97
Location Insight
- City
- Lufkin
- County
- Angelina
- State
- Texas
- Latitude
- 31.3159621
- Longitude
- -94.694656
2216 Denman Ave, Lufkin, Texas
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