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Self Storage For Sale • 64,230 SF
| Prime Location: Situated in the growing market of Mabank, TX, benefiting from proximity to Cedar Creek Lake and other local attractions. |
| Value-Add Opportunity: Current occupancy rates of 76.0% for square footage and 74.3% for unit occupancy, presenting significant upside potential. |
| Institutional Size Facility: Drive-up self-storage facility built in 1995, offering 64,230 rentable square feet across 566 units. |
| Population Growth: Mabank has experienced steady population growth, contributing to increased demand for storage solutions. |
| High Visibility: Located near Cedar Creek Lake and other local attractions. |
| Operational Upside: Opportunity to capture approximately 16% of occupancy to reach stabilized levels, generating high teens levered IRRs on a 5-year h |
Ross Bailey
Cushman & Wakefield
Ross Bailey
Cushman & Wakefield
