2180 Highway 1187
Mansfield, TX 76063
A-Affordable Boat & RV Storage · Specialty Property For Sale
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47,891 SF
Property Facts
| Property Type | Specialty | Building Size | 47,891 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 1980 |
| Lot Size | 4.39 AC | Parking Ratio | 3.09/1,000 SF |
| Zoning | L1 - Light Industrial District | ||
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 4.39 AC |
| Building Size | 47,891 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 3.09/1,000 SF |
| Zoning | L1 - Light Industrial District |
About 2180 HIGHWAY 1187 , MANSFIELD, TX 76063
Currently, the property consists of six (6) single-story, pre-engineered covered metal RV/boat storage buildings. The facility has 151 total units, of which 107 are covered units, and 44 are open storage spaces. This is in addition to a 1,900 SF leased office and 1 garage space. The property has undergone an expansion/renovation project that has brought the current rentable gross building area to 48,231 SF, open gravel parking spaces to 21,120 SF and commercial office building to 1,900 SF. Additionally, the expansion project included changing the southern fencing, updating the office and painting the property. The property was purchased in January 2017. At the time of purchase the property was only 34% occupied. Since renovations have been completed, the property has grown to a 74% occupancy rate and expected to reach market rates of 95-100% within the next few months.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,209,650 | |
| Land Assessment | $463,528 | Total Assessment | $2,673,178 |
Property Taxes
