3211 116th Street

    Lubbock, TX 79423
    • $1,600,000
    • STATUS: Active
    • ON SITE: 126 days
    • MLS #: 201903393
    Price Reduced
    UPDATED: 10 min ago
    $1,600,000
    • 0
      BEDS
    • 10.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,600
      SQFT
    • $52
      $/SQFT
    Neighborhood:
    770
    Type:
    Commercial
    County:
    Area:
    7

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Price reduced! Here's a rare chance to own an established storage unit complex! With a great location and over 7 acres of unused land to expand on, this one is a money maker! With built in automated systems, a single employee can manage the property with ease. This property includes 241 units on 10.03 acres located just East of Indiana Ave. on 116th st. New roof in 2018! This property brings in about $15,500/month and has multiple opportunities to vastly increase the income. The property consists of 4 buildings, including a fully functional office with restroom, security gates, cameras and a large tract of land. Occupancy rates stay around 90%. There is a tower that could be leased back to the new owners or removed from the property. There is a combination of climate controlled units, dust free units, and non climate controlled units. The sellers will look at all offers. This one will go fast, so don't miss out on your opportunity! Call today for more information and a private viewing

    Monthly Payment Calculator

    © 2019 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-08-20T11:00:29.183.
    www.staceyrogersrealestategroup.com/homes/93730376

    3211 116th Street Lubbock, TX 79423

    • Price: $1,600,000
    • Status: Active
    • Updated: 10 min ago
    • MLS #: 201903393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    10.05
    Acres
    30,600
    SQFT
    $52
    $/SQFT
    Neighborhood:
    770
    County:
    Lubbock
    Area:
    7
    Elementary School:
    Lubbock-Cooper North
    Middle School:
    Lubbock-Cooper Bush
    High School:
    Cooper
    School District:
    Lubbock-Cooper Isd
    Property Description
    Price reduced! Here's a rare chance to own an established storage unit complex! With a great location and over 7 acres of unused land to expand on, this one is a money maker! With built in automated systems, a single employee can manage the property with ease. This property includes 241 units on 10.03 acres located just East of Indiana Ave. on 116th st. New roof in 2018! This property brings in about $15,500/month and has multiple opportunities to vastly increase the income. The property consists of 4 buildings, including a fully functional office with restroom, security gates, cameras and a large tract of land. Occupancy rates stay around 90%. There is a tower that could be leased back to the new owners or removed from the property. There is a combination of climate controlled units, dust free units, and non climate controlled units. The sellers will look at all offers. This one will go fast, so don't miss out on your opportunity! Call today for more information and a private viewing
    Exterior Features

    Crops No Foundation Slab Parking Spaces 0 Roof Metal Wells 0

    Interior Features

    Ceiling Height 0.0 Overhead Doors 0

    Property Features

    Commercial Type Business Est Annual Taxes 19438.00 Lot Size Source (Tax Data) Minerals No Occupied Yes Proposed Financing CashConventional Security Deposit 0.00 Specific Use Yes Sq Ft Source Tax Data Will Divide No

    Listing provided courtesy of Jordan Sutherland of Kendra Sutherland, Realtors. Listing information © 2019 Lubbock Association of REALTORS® MLS.
    © 2019 Lubbock Association of REALTORS® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2019-08-20T11:00:29.183.
     
    Stacey Rogers Real Estate Group at Keller Williams Realty
    10210 Quaker Avenue
    Lubbock TX, 79424