C&C Secure Self storage 801 W Brown St Spécialité 1 059 m² À vendre Hearne, TX 77859 843 877 € (796,79 €/m²) Taux de capitalisation 5,63 %

C&C Secure Self Storage is an 86 unit, 10,340 NRSF self-storage investment opportunity at 801 W Brown St., Hearne, Texas. This 1.42 acre site sits less than a mile from the intersection of major state highways, SH-190 and SH-6 which sees as many as 30,000 passing vehicles per day (Per TxDOT). Hearne’s strategic location between College Station, Waco and Temple has resulted in its population doubling in the last 3 years. The storage needs of the almost 9,500 residents living within 10 miles of the property are woefully underserved as there are no comparable storage facilities to speak of in the area.
Constructed in 2013, C&C Secure Self Storage is an immaculately maintained self storage facility that has been “mom and pop” operated since its inception. The 5 metal-over-steel buildings feature a mix of drive-up and indoor non-climate controlled units. The all-concrete facility is fully fenced and gated with 24/7 keypad access and security camera surveillance. Additionally, the facility is very well-lit and features a large pole sign along Brown Street for optimum exposure.
The current owners have enjoyed consistent, high occupancy throughout their tenure and have rarely raised rental rates which presents significant upside for the next owner. Additionally, there is room for expansion on the tract next door which would be optimal for climate-controlled storage, portable units or open vehicle parking. The facility will benefit greatly from establishing a web-presence which is currently non-existent and active revenue management by a new owner.
The facility’s public ice and water machine serves as a significant source of supplementary income for the property that is inexpensive and easy to maintain. As the only ice/water machine in town, it also provides additional exposure and serves as a pull factor for potential new tenants seeking a convenient solution for their storage needs. This machine is one of the few remaining “Twice The Ice” brand ice and water machines that does not take credit cards. A credit card reader is a cheap and easy addition that will attract more customers and enable the owner to raise prices, increasing revenue quickly.