2102 S 3rd St
Mabank, TX 75147
Mid Cities Self Storage · Specialty Property For Sale · 64,230 SF

Mid Cities self storage is a pride of ownership self storage facility located in Mabank, Texas. The facility features all concrete driveways, steel framing and metal siding. Security highlights include gated keypad access, perimeter fencing and security cameras. The facility has excellent visibility from Texas Highway 198 – a major east west road through Mabank. Mid Cities self storage was built in phases between 1977 and 1995. Current economic occupancy is 93% and physical occupancy is 92%. The facility was a total of 561 units over 66,995 net rentable square feet. Average unit size is an idea 119 square feet. Mabank, Texas is a growing community located less than an hour from Downtown Dallas. The local economy thrives on tourism surrounding Lake Cedar Creek. Lake Cedar Creek is located in both Henderson and Kaufman Counties and features 1,000 square miles of water. The lake has an abundance of second homes and vacation homes. Demographic highlights include a three mile population of 11,514 people and 17,324 people in a five mile radius. Currently owned by an out of state company, operation upside includes better expense management and rental rate increase to existing tenants.