Skip to main content

Self-Storage Facility

North West Hills Self Storage

515 Cottingham Dr, Temple, TX 76504

Listing Price: $5,000,000

Cap Rate
4.74%
Number of Units
443
Occupancy
78.8%
Gross SF
69,075
Rentable SF
69,075
Price/Rentable SF
$72.39
Year Built
1983

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, North West Hills Self Storage in Temple, TX. North West Hills Self Storage features 69,075 net-rentable square feet on a combined 3.52 acres. The facility maintains 31 climate controlled units ranging in size from 50 to 300 square feet and 412 non- climate controlled units ranging from 50 square feet to 525 square feet. The climate controlled units are expressly designed and built to provide a secure and environmentally controlled one stop location for any storage need. North West Hills Self Storage is conveniently located .6 miles west from IH 35 and 2 miles from downtown Temple. There are 7.964 apartment units in a 5 mile radius of the facility with 6.6 percent vacancy and the number of households in Bell County is 126,722 (2019). The city population is approximately 79,110 (2020). Temple is the demographic center of Texas. With the major cities of Dallas, Houston and San Antonio less than three hours away, it is the transportation center as well. In fact, 84 percent of the state's population is within three hours of the Temple city limits.

Investment Highlights

  • 7.29% Year 1 CAP Rate
  • 9.78% Year 1 Cash-On-Cash Return
  • 69,075 Net Rentable Square Feet

Exclusively Listed By

Self-Storage Facility

North West Hills Self Storage

Listing Price: $5,000,000

Cap Rate
4.74%
Number of Units
443
Occupancy
78.8%
Gross SF
69,075
Rentable SF
69,075
Price/Rentable SF
$72.39
Year Built
1983

Investment Highlights

  • 7.29% Year 1 CAP Rate
  • 9.78% Year 1 Cash-On-Cash Return
  • 69,075 Net Rentable Square Feet

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, North West Hills Self Storage in Temple, TX. North West Hills Self Storage features 69,075 net-rentable square feet on a combined 3.52 acres. The facility maintains 31 climate controlled units ranging in size from 50 to 300 square feet and 412 non- climate controlled units ranging from 50 square feet to 525 square feet. The climate controlled units are expressly designed and built to provide a secure and environmentally controlled one stop location for any storage need. North West Hills Self Storage is conveniently located .6 miles west from IH 35 and 2 miles from downtown Temple. There are 7.964 apartment units in a 5 mile radius of the facility with 6.6 percent vacancy and the number of households in Bell County is 126,722 (2019). The city population is approximately 79,110 (2020). Temple is the demographic center of Texas. With the major cities of Dallas, Houston and San Antonio less than three hours away, it is the transportation center as well. In fact, 84 percent of the state's population is within three hours of the Temple city limits.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower