8598 HWY 271 | Gladewater, TX 75647
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8598 HWY 271
Gladewater, TX 75647
3 PROPERTIES RV PARK, SELF STORAGE,STRIP CNTR · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- MULTIPLE INCOME STREAMS
- OVER 11% CAP RATE
- GREAT LOCATION ON MAJOR HIGHWAYS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Year Built
1961
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.60 AC
Zoning
Retail
Frontage
ABOUT 8598 HWY 271 , GLADEWATER, TX 75647
11% CAP RATE FOR 3 PROPERTY PACKAGE IN GLADEWATER, STRIP CENTER ON HWY 80 aka W UPSHUR, 120 UNIT SELF STORAGE FACILITY WITH 97% OCCUPANCY. ALSO RV PARK WITH 12 RV SPACES AND TRIPLEX WITH AN EFFICIENCY APARTMENT, 1 BR 1 BATH APARTMENT AND 2 BR 2 BATH APARTMENT. EXCELLENT RETIREMENT INCOME IN ANTIQUE CAPITAL OF EAST TEXAS. OVER $286,000 GROSS YEARLY INCOME. SEVERAL ADDITIONAL ACRES INCLUDED WITH RV PARK FOR EXPANSION.
PROPERTY TAXES
| Parcel Number | 186417 | Improvements Assessment | $871,750 |
| Land Assessment | $36,870 | Total Assessment | $908,620 |
PROPERTY TAXES
Parcel Number
186417
Land Assessment
$36,870
Improvements Assessment
$871,750
Total Assessment
$908,620
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