R Thomas Mini Storage 4497 Main St Immeuble | 2 504 m² | Spécialité | À vendre 957 679 € | Taux de capitalisation 7,12 % | Vidor, TX 77662

R. Thomas Mini Storage is a 204 unit, 26,950 NRSF self-storage investment opportunity located on Highway 105 / Main St. in Vidor, Texas. The facility consists of 11 buildings across 4 sites totaling 1.82 acres and is seen by over 16,000 passing vehicles per day (Per TxDOT). Additionally, the facility is less than 5 miles from IH-10. Vidor is a well-located suburb on the edge of the “Golden Triangle” of Texas which refers to the broader market formed by the cities of Beaumont, Port Arthur and Orange. The Golden Triangle is the petrochemical capital of the Texas and is home to over 400,000 residents boasting average household incomes of over $85,000.
Constructed in phases between 1997 and 2007, R. Thomas Mini Storage is an immaculately maintained self storage facility that has been “mom and pop” operated since its inception. Aside from the incremental addition of new buildings, the facility has undergone very few changes over the years and will benefit greatly from an experienced operator who can implement improved web presence, SEO, social media marketing, google ads, SpareFoot profile, etc. Additionally, the facility can be optimized for remote management with the addition of automatic gates and keypad access.
Listed at a compelling price of just under $41/NRSF, R. Thomas Mini Storage is a true value-add opportunity that can be brought into the 21st century with relative ease.