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3020 Duncanville Rd
Dallas, TX 75211
Insure Self Storage · Specialty Property For Sale · 19,649 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 1.30 AC
Building Size 19,649 SF
No. Stories 1
Year Built 1978
Tenancy Single
Parking Ratio 0.2/1,000 SF
Clear Ceiling Height 10’
Zoning IM

AMENITIES

  • Bus Line
  • Property Manager on Site
  • Signage

ABOUT 3020 DUNCANVILLE RD , DALLAS, TX 75211

Insure Self Storage is a non-climate facility with approximately 170 +/- units with an excellent unit mix. The facility offers the next investor a very strong historical track record in high occupancy, excellent location, turn-key investment opportunity and a current high occupancy and yield! The current physical occupancy of Insure is at 98% +/- as of June 15, 2016 and the facility increased rental rates across the board that went into effect June 1, 2016. Based upon the increased rents the projected next 12 months using the 2015 owner's expenses yields the following returns: 7.35% Cap Rate, 10.09% Cash on Cash, and 18.95% Overall Total Return. Insure Self Storage is extremely unique in the fact that the current manager has been overseeing this facility for 23 YEARS!!! Talk about stability and a turn-key investment...this is it. Not only has the manager been with the property for this long; but she has also expressed an interest and willingness to continue managing Insure. Also, not only does Insure have a long term manager in place setting it apart from other facilities; it also offers a maintenance person as well!! Almost all facilities this size can not offer this... Insure Self Storage is located only 6 miles from the Central Business District of Dallas, Texas!!! Talk about stategic location this facility has it....Insure is located just due South of Loop 12 (Walton Walker) on Duncanville Road and the estimated traffic count at Walton Walker Boulevard & Duncanville Road is appoximately 15,000 vehicles per day. I believe this is one of the reasons that the occupancy has a historical and current above market occupancy (reported as of June 15 at 98%)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00000785176000000
Land Assessment
$112,730
Improvements Assessment
$687,270
Total Assessment
$800,000
  • Listing ID: 3703868

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 3020 Duncanville Rd, Dallas, TX 75211

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