107 Hayes StSavoy, TX 75479

For Sale
$175,000

17-Unit Storage, High Occupancy, Great Location

Overview

Added:
Feb 3
Days on market:
39
This exceptional 2,000 square foot storage facility in Savoy, Texas, presents a lucrative investment opportunity. Currently boasting 17 fully occupied units, this property enjoys low tenant turnover and below-market rental rates, promising immediate cash flow and significant upside potential. Strategically located on 0.12 acres directly off Highway 56, it offers easy access to major thoroughfares including Highways 121, 82, and 69, ensuring high visibility and convenient access for customers throughout Fannin County. The property features security lighting in the central area and has recently undergone improvements, including a complete repaving of the lot with new gravel. This well-maintained facility is primed for a new owner to implement revenue-enhancing strategies, with projections indicating a 10% or greater increase in profitability. The strong occupancy rate, below-market rents, and prime location combine to create an exceptional return on investment. This is a rare opportunity to acquire a stable, high-performing asset with significant growth potential in a thriving market. The property's current condition and strategic location make it an ideal investment for both seasoned and new investors seeking a reliable income stream and substantial long-term appreciation. The existing infrastructure and recent improvements minimize immediate capital expenditures, allowing for a quick return on investment.

Property Details for 107 Hayes St

Property type
Other commercial real estate
Square Feet
2,000 SF
Year Built
2004
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Savoy
County
Fannin
State
Texas
Latitude
33.59927
Longitude
-96.36769
107 Hayes St, Savoy, Texas

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107 Hayes St
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