Save It Storage
822 Mc Canne Street, Newark, TX
Call to Offers
Description
Call to Offers
Price: Call To Offers
Total Units: 64
Rentable SF: 7,560
Average Unit Size: 120 SF
Number of Buildings: 4
Number of Stories: 1
Year Built: 2005
Lot Size: 40,075
SAVE IT Storage is the only self-storage facility in Newark, Texas. It consists of two separate prop-erties, “Side A” having 28 units and “Side B” having 36 units. The total lot size is just under an acre and the owner-operated facility is comprised of sixty-four non-climate units on 7,560 renta-ble square feet. All units are 10 x 12. This facility is currently running consistently averaging 80% occupancy with rents approximately 40% below area competitors.
SAVE IT Storage is conveniently located just off FM718 with direct access to business Highway 287. Located only 25 minutes north of Fort Worth and 15 minutes west of Tanger Out-lets and Texas Motor Speedway, this area is on the path of growth. Further, this market has a large amount of single-family developer interest as DR Horton and Rolling V Ranch master planned community (10,000 homes with commercial) have broken ground.
Pricing is a Call to Offers. SAVE IT Storage is an exciting investment opportunity for any prospective investor looking for a cash flow in a high-growth market.
SQFT
7560
Features
- 24-Hour Access
- Value-Add Opportunity