Self-Storage Facility
Storage Plus of Longview
1500 E Whaley St, Longview, TX 75601
Listing Price: $1,765,000
Investment Overview
The Storage Plus of Longview Portfolio includes two self-storage
facilities approximately 5.5 miles from one another in Longview,
Texas. The properties sit on a combined +/- 5.54 acres of land,
have eight single-story buildings consisting of 196 total units (192
drive-up non-climate, three outdoor parking spaces and one covered
parking space) and a combined 50,105 NRSF. The facilities have
numerous amenities including but not limited to video surveillance,
gated entries with digital keycode access, roll-up doors, and asphalt
driveways. The Pliler Precise Road facility has block construction
and serves as the hub and features a full-service onsite manager’s
office and residence.
Storage Plus of Longview
Investment Highlights
- BELOW REPLACEMENT COST // Entry point into one of East Texas' most economically dynamic mid sized cities at around $35/NRSF with an eight percent year two proforma cap rate.
- TWO FACILITY, 196 UNIT PORTFOLIO TOTALING 50,105 NRSF // The properties are in infill Longview locations, positioned just 5.5 miles apart for operational efficiency and scale.
- FULL SERVICE HUB AT PLILER PRECISE ROAD // Near high traffic corridors in prime North Longview area with Longview High School and the Longview Mall retail district in the trade area
Exclusively Listed By
Listing Price: $1,765,000
Investment Highlights
- BELOW REPLACEMENT COST // Entry point into one of East Texas' most economically dynamic mid sized cities at around $35/NRSF with an eight percent year two proforma cap rate.
- TWO FACILITY, 196 UNIT PORTFOLIO TOTALING 50,105 NRSF // The properties are in infill Longview locations, positioned just 5.5 miles apart for operational efficiency and scale.
- FULL SERVICE HUB AT PLILER PRECISE ROAD // Near high traffic corridors in prime North Longview area with Longview High School and the Longview Mall retail district in the trade area
Investment Overview
The Storage Plus of Longview Portfolio includes two self-storage facilities approximately 5.5 miles from one another in Longview, Texas. The properties sit on a combined +/- 5.54 acres of land, have eight single-story buildings consisting of 196 total units (192 drive-up non-climate, three outdoor parking spaces and one covered parking space) and a combined 50,105 NRSF. The facilities have numerous amenities including but not limited to video surveillance, gated entries with digital keycode access, roll-up doors, and asphalt driveways. The Pliler Precise Road facility has block construction and serves as the hub and features a full-service onsite manager’s office and residence.
Exclusively Listed By
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