100 Silver Stone Dr, Cresson, TX 76035

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List Price
$1,500,000
MLS#
21430336
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
2023
Construction Status
Preowned
Acres
2.07
County
Hood
City
Cresson
Subdivision
Silver Stone Add

Property Description

Income-Producing Commercial Investment Opportunity in Cresson, Texas! Excellent opportunity to own an established storage facility in the growing Cresson area! This property features 37 oversized enclosed storage units, each measuring 15' x 50', offering approximately 27,750 square feet of rentable space. Each unit features an overhead light, 12v 110 plug and a convenient 12' x 14' roll-up door, providing easy access for RVs, boats, vehicles, equipment, and other storage needs. The property also offers gated access for added security and convenience with 24-7 access. Currently operating at approximately 65% occupancy, with rental rates of $325 per unit per month, this facility provides an existing income stream with significant upside potential. With established tenants, oversized enclosed units, gated access, and opportunity for increased occupancy, this property presents an attractive investment for both seasoned investors and those looking to enter the commercial storage market. Take advantage of this opportunity to own an income-producing property with room for growth in Cresson, Texas!

Additional Information

Unexempt Taxes
$16,117
Tenant Pays
Insurance
Lot Size
90,038
Acres
2.07
Flooring
Concrete
Foundation
Slab
Roof
Metal
Building Stories
1
Parking Garage
Rv/Boat Parking, Electric Gate, Enclosed, Gated, Lighted, RV Garage, Storage
Possession
CloseOfEscrow
Proposed Use
Storage
Inclusions
Business, Land & Improvements

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Calculator source: Real Geeks

Listing courtesy of Wesley Stout from The Platinum Group RE, LLC. Contact: (817) 629-9457

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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