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Self-Storage Facility

Ables Mini Storage

2501 N Kaufman St, Ennis, TX 75119

Listing Price: $6,500,000

Cap Rate
5.63%
Occupancy
96.0%
Rentable SF
87,320
Price/Rentable SF
$74.44
Year Built
1962

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Ables Mini Storage located in Ennis, Texas. The facility consists of 51 climate-controlled units and 578 non-climate-controlled units, totaling 87,320 net rentable square feet. They also offer 46 RV parking spaces for rent. This is a stabilized cash flowing facility that is currently 96 percent physically occupied. The property is fully fenced with a keypad, gated entrance, an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a growing surrounding population and is conveniently located off I-45 which provides easy access to serve customers in Ellis County and surrounding areas. They are located off a busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and high daily traffic counts of around 4,900 cars per day off North Kaufman Street and 2,200 cars per day off Spur 469. Ables Mini Storage is being offered for $6.5 million or $74.44 per rentable square foot.

Investment Highlights

  • Dallas MSA Self-Storage Offering
  • 87,320 Net Rentable Square Feet
  • 51 Climate-Controlled Units | 578 Non-Climate Controlled Units
  • 46 RV Parking Spaces
  • Stabilized Facility: 96 Percent Physically Occupied

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Self-Storage Facility

Ables Mini Storage

Listing Price: $6,500,000

Cap Rate
5.63%
Occupancy
96.0%
Rentable SF
87,320
Price/Rentable SF
$74.44
Year Built
1962

Investment Highlights

  • Dallas MSA Self-Storage Offering
  • 87,320 Net Rentable Square Feet
  • 51 Climate-Controlled Units | 578 Non-Climate Controlled Units
  • 46 RV Parking Spaces
  • Stabilized Facility: 96 Percent Physically Occupied

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Ables Mini Storage located in Ennis, Texas. The facility consists of 51 climate-controlled units and 578 non-climate-controlled units, totaling 87,320 net rentable square feet. They also offer 46 RV parking spaces for rent. This is a stabilized cash flowing facility that is currently 96 percent physically occupied. The property is fully fenced with a keypad, gated entrance, an on-site management office, and 24-hour video surveillance. The location of this facility benefits from a growing surrounding population and is conveniently located off I-45 which provides easy access to serve customers in Ellis County and surrounding areas. They are located off a busy street and are surrounded by lots of residential neighborhoods, as well as, restaurants, retail stores, and schools. This offers the facility great street frontage and high daily traffic counts of around 4,900 cars per day off North Kaufman Street and 2,200 cars per day off Spur 469. Ables Mini Storage is being offered for $6.5 million or $74.44 per rentable square foot.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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