906 Reppert

906 Reppert, Bacliff, TX 77518

Description

Econo Storage and U-Haul, just outside of Kemah, located in Bacliff, Texas is being offered for sale at a 9.72% cap rate. This property is 15,590sf that sits on .65 acres of land. The facility is fully fenced with local businesses close by.

The structure consists of a brick and metal structure. The facility features all concrete drives with excellent drainage throughout property. The property also maintains its security with 3 It' s situated just off of busy Highway 146 with new residential homes being built on the other side of the highway in the new luxury home division. Additional property is available nearby.

The property is currently 61% occupied. Econo Storage consists of 105 non-climate controlled indoor and outdoor secured units ranging from 5x5 10x30 in size. The facility also has a very nice 2-bedroom, 2-bath apartment that current management lives in. The facility has 3 cameras, roll-up doors, sprinkler system and WebSelf storage management software to check online and for management to use.

Econo Storage also generates about 15% of their gross income from the rental of U-Haul trucks and trailers.

Kemah, along with the Bacliff area is expanding rapidly with residents wanting to live and visit these areas. Texas' biggest tourist attraction, the boardwalk is just about 3 miles North of Econo Storage.

Please call to set up a time to tour the property. We will need 24 hours advance notice.