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611 FM 455 W - Lake Ray Roberts Dry Boat Storage 51,228 SF Specialty Building Offered at $1,995,000 at a 7.04% Cap Rate in Sanger, TX 76266
Investment Highlights
- Established 145-unit RV and boat storage facility
- Demand driven by Lake Ray Roberts recreational traffic
- On-site office
- Existing in-place cash flow with value-add potential
- Includes outdoor parking income
- Upside with increased rental income and additional yard space
Executive Summary
Lake Ray Roberts Dry Boat Storage presents a unique investment opportunity in Sanger, Texas, strategically positioned near Lake Ray Roberts and its recreational traffic. Situated on approximately 6 acres, the property features 145 RV and boat storage units totaling approximately 51,228 SF, along with outdoor parking and an on-site office/apartment. The established facility is currently 90% occupied, providing strong in-place income with additional potential to optimize rents and operations.
Property Facts
| Price | $1,995,000 | Building Class | C |
| Price Per SF | $38.94 | Lot Size | 6.00 AC |
| Sale Type | Investment | Building Size | 51,228 SF |
| Cap Rate | 7.04% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1993 |
| Zoning | R/C | ||
| Price | $1,995,000 |
| Price Per SF | $38.94 |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 6.00 AC |
| Building Size | 51,228 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Zoning | R/C |
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Exceptionally drivable
100/100
Fairly bikeable
40/100
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