1956 Quality Blvd
Huntsville, TX 77320
Scotsman Storage · Specialty Property For Sale · 25,140 SF

Scotsman Storage is a pride of ownership value add self-storage opportunity located in the growing city of Huntsville, Texas. The facility is a true value add opportunity – no tenant insurance, street rates are below market averages, expansion room included, and the last time rental rates were increased on existing tenants was two years ago. The facility is located on three separate parcels totaling 4.86 acres. The third parcel has ample expansion room for additional storage units or land for outdoor parking. All three parcels feature security cameras, keypad access, and perimeter fencing. The driveways are all concrete and the buildings were built in phases from 1971 - 2009. There is an on-site of?ce and solar panels. Huntsville, Texas is home to Sam Houston State University, an NCAA Division 1 School. The current enrollment is 21,115. According to the Chronicle of Higher Education, Sam Houston State University if the 14th fastest growing university in the country. Huntsville is forty-?ve miles from high-growth north Houston suburbs including The Woodlands, Willis, Spring and Conroe. Additionally, Huntsville is home to the Texas Department of Criminal Justice – the state agency that operates the state prison system. This is the only state agency not based in Austin. Priced at $3,500,000, Scotsman Storage + Expansion Room yield a trailing cap rate of 6.69%.