Investment Overview

To the Point Storage is a 21,352 rentable-square foot storage facility resting on approximately nine acres in Point, Texas – just east of the Dallas-Fort Worth Metroplex. Built in 2000, the property is comprised of 74 non-climate drive up units, four covered parking spaces, and an office. Amenities include garage-style roll up doors, potential for on-site living quarters, perimeter fencing and lighting, partially paved driveways, and multiple entrances. Additionally, the property benefits from the excellent visibility and accessibility provided by its strategic location on US Route 69 – a major north-south highway that travels through Texas, Kansas, Missouri, Iowa, and Minnesota. The Texas portion of the highway is an important component of the state’s infrastructure – as it connects the northern Dallas-Fort Worth suburb of Denison with noteworthy East Texas cities such as Greenville, Tyler, and Lufkin before terminating in Beaumont and Port Arthur, Texas. The current owners purchased the facility from the original developers in early 2022 as their first ever self-storage investment property. Prior to their takeover, it had been seriously neglected from both a management and maintenance standpoint, but the current owners were able to successfully implement much-needed repairs and increase occupancy from approximately 15 percent to 83 percent as of January 2023. While the property is now headed in the right direction, it remains uniquely positioned for an experienced storage operator to bring it up to market standards. Additionally, one of the most attractive aspects of To the Point Storage is the fact that three acres of undeveloped land (already tied into city utilities) can be used to expand the facility. Furthermore, it is situated directly between two of the most popular recreational lakes in East Texas, Lake Tawakoni and Lake Fork, an ideal setting for a variety of uses, including boat & RV storage, or an RV Park.