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19930 Cypress Church Rd
Cypress, TX 77433
Mueschke Boat & RV Storage · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 163,891 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | C | Year Built | 2011 |
| Lot Size | 12.33 AC |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 12.33 AC |
| Rentable Building Area | 163,891 SF |
| No. Stories | 1 |
| Year Built | 2011 |
ABOUT 19930 CYPRESS CHURCH RD , CYPRESS, TX 77433
Mueschke Boat & RV Storage is truly a unique opportunity. Located in Cypress, TX, in the deed restricted community of Fairfield, this facility has enjoyed strong historical occupancy since being purchased in December of 2012. At the time of initial purchase, monthly revenue was at $13,826 and occupancy was at 40%. Since then, occupancy has climbed dramatically, the facility has been expanded twice and revenue has ballooned. All while being operated remotely. Demand has been driven by a strong online presence combined with the community's need for Boat & RV Storage. Surrounded by deed restricted communities, tenants are forced to locate their vehicles away from their respective home-sites. In addition, there remains tremendous upside potential with the recent expansion of 56 open parking spaces along with growth in overall occupancy and rate increases.
PROPERTY TAXES
| Parcel Number | 1336760020004 | Improvements Assessment | $2,590,633 |
| Land Assessment | $2,282,653 | Total Assessment | $4,873,286 |
PROPERTY TAXES
