Industrial Property For Sale - absolute self storage

3714 marvin d. love freeway, Dallas, TX, 75224

 
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Industrial For Sale
Dallas, TX
Texas

absolute self storage

 

3714 marvin d. love freeway

Dallas, Texas 75224
County: Dallas
 
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  For Sale Active  
Property Use Type:Investment
Type:Industrial
Self/Mini-Storage Facility
Building Size:50,000 SF
Lot Size:3.75 Acres
Occupancy:70.00%
Price:$1,750,000
Price/SF:$35.00
Cap Rate:8.60%
Date Last Verified:1/7/2009
Property ID:15794036
 
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 Additional Information 

Property Description:
PRICE REDUCTION/ $35 A SQUARE FOOT
GROSS POTENTIAL INCOME $39,400 PER MONTH
TILT WALL CONSTRUCTION, METAL ROOFS AND PARTITION WALLS
COMPUTERIZED GATE ACCESS/ VIDEO SYSTEM
PRIMARILY COSMETIC DEFERRED MAINTENANCE
GREAT UPSIDE POTENTIAL

410 units of which 50 are climate controlled. includes two additional office suites. onsite managers apartment and apartment. built in mid 1980's. formerly operated as assured self storage. out of town owner seeks quick sale to pursue other opportunities. on site and off site professional management in place. budget rent a truck on premises. adjacent lot available separately. PLEASE TO NOT DISTURB MANAGEMENT.

Location Description:
CITY OF DALLAS

southwest dallas in the oak cliff section of the city. high traffic count and great visibility on the frontage road of the marvin d. love freeway.

Fenced Yard:YesTrailer Parking:Yes
Power is available:YesSprinklers:Yes
  Financial Summary Actual  
Net Operating Income:$156,000
 
  Major Tenant Information
Tenancy Type: Multiple
 
 
  Debt & Equity Information
No Debt & Equity Information Provided
7/9/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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