Storage Plus of Beaumont I & II Portfolio — Sale in Beaumont, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Beaumont, TX 77707
  • Year built: 1970

Photos

Storage Plus of Beaumont I & II Portfolio — Sale in Beaumont, TX, photo 1 of 2
Storage Plus of Beaumont I & II Portfolio — Sale in Beaumont, TX, photo 2 of 2

Description

The Storage Plus of Beaumont Portfolio includes two self-storage facilities located approximately 6.5 miles from one another in Beaumont, TX which is 75 miles east of Houston. The properties sit on a combined +/- 3.91 acres of land and have 15 singlestory buildings consisting of 355 total units and a combined 40,355 NRSF. There are three outdoor parking spaces and one 840 square foot warehouse unit included in the unit mix. The facilities have numerous amenities including but not limited to video surveillance, gated entries with digital keycode access, roll-up doors, concrete driveways, and a full-service onsite manager’s office at each location. Investment Highlights: • OPERATIONAL EFFICIENCY AND SHARED MANAGEMENT POTENTIAL // The two well-located facilities are approximately 6.5 miles apart. • LOW COST BASIS // The properties are being offered at a combined $32 per NRSF. Achieved rents are about 60 percent of what REIT-managed facilities are realizing in the market. • BEAUMONT, THE HUB CITY OF THE GOLDEN TRIANGLE // The facilities are close to the Port of Beaumont which is one of the largest ports in the United States along with downtown Beaumont.

Market Context

This commercial property in Beaumont, TX is listed for sale. The building dates to 1970. Compare it against other commercial property listings for sale in Beaumont, TX — view the full market.

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