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105 Burnet Hills Dr - River Hills Storage 6,700 SF Specialty Building Offered at $650,000 at a 5.66% Cap Rate in Burnet, TX 78611
INVESTMENT HIGHLIGHTS
- High occupancy and generous day-one cash flow
- Excellent visibility on Highway 29 just east of Burnet
- Small facility that’s easily managed remotely
- Best suited for a hands-on owner/operator
- Fully stabilized and well-maintained
EXECUTIVE SUMMARY
River Hills Storage is a 34-unit drive-up facility conveniently located just east of Burnet, TX on Hwy 29. This property is fully stabilized with consistently high occupancy and generous day-one cash flow.
The property is fully fenced with a controlled access gate. Video surveillance is recorded 24/7 via multiple high-definition cameras.
The current owners manage the facility remotely via the Storable Easy platform. Current financials are provided in the attached PDF. This offering is best-suited for a hands-on owner/operator who handles management and basic maintenance duties, while prioritizing net profit.
The property is fully fenced with a controlled access gate. Video surveillance is recorded 24/7 via multiple high-definition cameras.
The current owners manage the facility remotely via the Storable Easy platform. Current financials are provided in the attached PDF. This offering is best-suited for a hands-on owner/operator who handles management and basic maintenance duties, while prioritizing net profit.
PROPERTY FACTS
| Price | $650,000 | Building Class | B |
| Price Per SF | $97.01 | Lot Size | 0.51 AC |
| Sale Type | Investment or Owner User | Building Size | 6,700 SF |
| Cap Rate | 5.66% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2016 |
| Property Subtype | Self-Storage |
| Price | $650,000 |
| Price Per SF | $97.01 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.66% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 6,700 SF |
| No. Stories | 1 |
| Year Built | 2016 |
AMENITIES
- Controlled Access
- Signage
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PROPERTY TAXES
| Parcel Number | 82796 | Improvements Assessment | $203,928 |
| Land Assessment | $31,110 | Total Assessment | $235,038 |
PROPERTY TAXES
Parcel Number
82796
Land Assessment
$31,110
Improvements Assessment
$203,928
Total Assessment
$235,038
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VIDEOS
MATTERPORT 3D EXTERIOR
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River Hills Partners LLC
105 Burnet Hills Dr - River Hills Storage
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