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2601 Willowbrook Rd
Dallas, TX 75220
US Storage Centers (Managed) · Specialty Property For Sale
·
41,600 SF
EXECUTIVE SUMMARY
- Cash-Flowing Self Storage Facility With Upside Located in the Heart of the Dallas MSA
- Facility is Comprised of 280 Non-Climate Units Totaling 41,610 Net Rentable Square Feet and Currently Sits at 75% Physical Occupancy
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Recent Cap/Ex Improvements Include Major Roof Repairs, Office Renovation, New Dumpster Enclosure, New Security System, Plumbing Repairs, and Upgrades to Exterior Lighting
- Facility is an Excellent Candidate for Remote Management With Security Cameras, Automatic Gate, Keypad Entry, and Management Software Already in Place
- Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Sales
- Very Strong Demographics Featuring a Population of 236,538 Residents and an Average Household Income of $127,026 Within Five Miles of the Property
- Dallas, Texas, is the 9th Largest City in the United States and is Home to 1,331,752 Residents
- The Dallas-Fort Worth-Arlington MSA is the 4th Largest in the United States and is Home to 8,344,032 Residents
- Facility is Comprised of 280 Non-Climate Units Totaling 41,610 Net Rentable Square Feet and Currently Sits at 75% Physical Occupancy
- Opportunity to Increase Revenue Through Lease Up, Stabilization, and the Implementation of Existing Customer Rent Increases
- Recent Cap/Ex Improvements Include Major Roof Repairs, Office Renovation, New Dumpster Enclosure, New Security System, Plumbing Repairs, and Upgrades to Exterior Lighting
- Facility is an Excellent Candidate for Remote Management With Security Cameras, Automatic Gate, Keypad Entry, and Management Software Already in Place
- Opportunity to Increase Revenue Through Maximizing Fee Income and Tenant Insurance Sales
- Very Strong Demographics Featuring a Population of 236,538 Residents and an Average Household Income of $127,026 Within Five Miles of the Property
- Dallas, Texas, is the 9th Largest City in the United States and is Home to 1,331,752 Residents
- The Dallas-Fort Worth-Arlington MSA is the 4th Largest in the United States and is Home to 8,344,032 Residents
PROPERTY FACTS
| Sale Type | Investment | Building Size | 41,600 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1973 |
| Building Class | C | Parking Ratio | 0.17/1,000 SF |
| Lot Size | 1.79 AC | ||
| Zoning | IR | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.79 AC |
| Building Size | 41,600 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 0.17/1,000 SF |
| Zoning | IR |
PROPERTY TAXES
| Parcel Number | 00000601093000000 | Improvements Assessment | $2,803,150 |
| Land Assessment | $467,830 | Total Assessment | $3,270,980 |
PROPERTY TAXES
Parcel Number
00000601093000000
Land Assessment
$467,830
Improvements Assessment
$2,803,150
Total Assessment
$3,270,980
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