Self-Storage Facility
Boardwalk Self-Storage
1415 Boardwalk NE, Paris, TX 75462
Listing Price: $2,000,000
Investment Overview
Boardwalk Self-Storage is a 36,673 rentable-square-foot storage facility situated on approximately 5.14 acres across four adjacent parcels in Paris, Texas. Originally built in 2014, the property features a diverse unit mix of climate-controlled, non-climate, and parking units, along with an on-site office and apartment. The facility offers wide concrete drive aisles, gated access, perimeter fencing, and strong functionality for day-to-day operations. Additionally, the site includes approximately 2.5 acres of excess land, providing a clear opportunity for future expansion.
The property has demonstrated consistent occupancy, historically operating in the mid-to-high 80% range with peaks above 95% during stronger leasing periods. Current in-place rents remain below several nearby competitors, creating a straightforward path for a new owner to drive revenue through systematic rental increases and continued optimization of operations. Combined with the ability to implement ancillary income streams such as tenant insurance and late fees, the opportunity is less about repositioning and more about incremental, execution-driven growth on a stable base of occupancy.
Paris serves as the economic hub of Northeast Texas and benefits from a diverse employment base anchored by manufacturing, healthcare, and logistics. Major employers such as Campbell’s, Kimberly-Clark, and Turner Industries provide long-term stability, while proximity to both the Dallas-Fort Worth Metroplex and southern Oklahoma expands the facility’s draw beyond the immediate market. With a balanced mix of residential and commercial demand drivers, Boardwalk Self-Storage is well positioned to continue performing as a durable, cash-flowing asset with additional upside through both rental growth and future expansion.
Boardwalk Self-Storage
Investment Highlights
- Stable Occupancy with Immediate Revenue Upside – Historically strong occupancy with in-place rents below market, providing a clear path for rental increases
- Below Replacement Cost Basis (~$54.54 / RSF) – Acquire a well-built asset at a discount to today's construction costs
- Expansion Opportunity – Approximately 2.5 acres of excess land for future development
- Diverse Unit Mix with Broad Demand Appeal – Climate-controlled, non-climate, and parking units serving both residential and commercial users
- Operational Upside Through Professional Management – Opportunity to implement tenant insurance, fee income, and revenue management
- Strategic Location with Strong Traffic Counts – Just off Loop 286 with 26,000+ vehicles per day
- Regional Economic Hub with Diverse Employment Base – Supported by manufacturing, healthcare, and logistics demand drivers
Listing Price: $2,000,000
Investment Highlights
- Stable Occupancy with Immediate Revenue Upside – Historically strong occupancy with in-place rents below market, providing a clear path for rental increases
- Below Replacement Cost Basis (~$54.54 / RSF) – Acquire a well-built asset at a discount to today's construction costs
- Expansion Opportunity – Approximately 2.5 acres of excess land for future development
- Diverse Unit Mix with Broad Demand Appeal – Climate-controlled, non-climate, and parking units serving both residential and commercial users
- Operational Upside Through Professional Management – Opportunity to implement tenant insurance, fee income, and revenue management
- Strategic Location with Strong Traffic Counts – Just off Loop 286 with 26,000+ vehicles per day
- Regional Economic Hub with Diverse Employment Base – Supported by manufacturing, healthcare, and logistics demand drivers
Investment Overview
Boardwalk Self-Storage is a 36,673 rentable-square-foot storage facility situated on approximately 5.14 acres across four adjacent parcels in Paris, Texas. Originally built in 2014, the property features a diverse unit mix of climate-controlled, non-climate, and parking units, along with an on-site office and apartment. The facility offers wide concrete drive aisles, gated access, perimeter fencing, and strong functionality for day-to-day operations. Additionally, the site includes approximately 2.5 acres of excess land, providing a clear opportunity for future expansion. The property has demonstrated consistent occupancy, historically operating in the mid-to-high 80% range with peaks above 95% during stronger leasing periods. Current in-place rents remain below several nearby competitors, creating a straightforward path for a new owner to drive revenue through systematic rental increases and continued optimization of operations. Combined with the ability to implement ancillary income streams such as tenant insurance and late fees, the opportunity is less about repositioning and more about incremental, execution-driven growth on a stable base of occupancy. Paris serves as the economic hub of Northeast Texas and benefits from a diverse employment base anchored by manufacturing, healthcare, and logistics. Major employers such as Campbell’s, Kimberly-Clark, and Turner Industries provide long-term stability, while proximity to both the Dallas-Fort Worth Metroplex and southern Oklahoma expands the facility’s draw beyond the immediate market. With a balanced mix of residential and commercial demand drivers, Boardwalk Self-Storage is well positioned to continue performing as a durable, cash-flowing asset with additional upside through both rental growth and future expansion.
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