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Self-Storage Facility

Georgetown Mini Storage

2220 N Austin Ave, Georgetown, TX 78626

Listing Price: Request For Offer

Number of Units
144
Occupancy
60.0%
Rentable SF
26,400
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Georgetown Mini Storage in Georgetown, Texas, which is part of the Austin MSA.

Consisting of 26,400 net rentable square feet on 1.36 acres, the facility maintains 144 non-climate controlled units ranging from 50 square feet to 300 square feet. The subject property was built in 1983. The subject sustains physical occupancies of 60.4 percent, allowing an investor to benefit from the continuation of lease-up activity. Current rental rates are 32 percent below market rates, allowing an investor to increase revenue across multiple unit sizes.

Georgetown Mini Storage is located in Georgetown, Texas the county seat of Williamson County. Williamson County is in the top ten fastest growing counties in Texas (US Census Bureau). Georgetown Mini Storage is situated near two major thoroughfares, Interstate 35 and Texas Toll Road 130, which provide easy access to Austin and surrounding communities. The property's strategic location on Austin Avenue offers excellent visibility, with an average daily traffic count exceeding 5,800 vehicles. Additionally, its proximity to Georgetown High School, Rodney A. & Mary Klett Performing Arts Center and various residential developments, both multifamily and single-family, makes it a convenient storage solution for the local community. Population within a 3-mile radius of the subject property is over 48,000 with over 17,000 households. Major employers in Georgetown include Southwestern University, St. Davids Georgetown Hospital, CelLink Corp and GAF Energy. The workforce in Georgetown is diversified in manufacturing, data centers, education, healthcare and technology (Williamson County Economic Development).

Investment Highlights

  • Value Add Opportunity
  • 144 Non-Climate Controlled Units
  • 1.36 Acres

Exclusively Listed By

Self-Storage Facility

Georgetown Mini Storage

Listing Price: Request For Offer

Number of Units
144
Occupancy
60.0%
Rentable SF
26,400
Year Built
1983

Investment Highlights

  • Value Add Opportunity
  • 144 Non-Climate Controlled Units
  • 1.36 Acres

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Georgetown Mini Storage in Georgetown, Texas, which is part of the Austin MSA. Consisting of 26,400 net rentable square feet on 1.36 acres, the facility maintains 144 non-climate controlled units ranging from 50 square feet to 300 square feet. The subject property was built in 1983. The subject sustains physical occupancies of 60.4 percent, allowing an investor to benefit from the continuation of lease-up activity. Current rental rates are 32 percent below market rates, allowing an investor to increase revenue across multiple unit sizes. Georgetown Mini Storage is located in Georgetown, Texas the county seat of Williamson County. Williamson County is in the top ten fastest growing counties in Texas (US Census Bureau). Georgetown Mini Storage is situated near two major thoroughfares, Interstate 35 and Texas Toll Road 130, which provide easy access to Austin and surrounding communities. The property's strategic location on Austin Avenue offers excellent visibility, with an average daily traffic count exceeding 5,800 vehicles. Additionally, its proximity to Georgetown High School, Rodney A. & Mary Klett Performing Arts Center and various residential developments, both multifamily and single-family, makes it a convenient storage solution for the local community. Population within a 3-mile radius of the subject property is over 48,000 with over 17,000 households. Major employers in Georgetown include Southwestern University, St. Davids Georgetown Hospital, CelLink Corp and GAF Energy. The workforce in Georgetown is diversified in manufacturing, data centers, education, healthcare and technology (Williamson County Economic Development).

Exclusively Listed By

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