504 Louise StAtlanta, TX 75551

For Sale
$199,000

High-return, low-maintenance storage facility

Overview

Added:
Dec 11, 2024
Days on market:
93
This newly constructed (2023) 10,800 sq ft. RV/boat storage facility in Atlanta, TX presents a compelling investment opportunity. Located on a one-acre lot at 504 S Louise St, this property offers 18 units (12x40 ft each), currently at 33% occupancy. The facility boasts all-weather parking, minimizing maintenance needs and maximizing potential income. Its prime location near downtown Atlanta ensures high visibility and convenient access for customers. The asking price is $199,000, with a price per square foot of $18.43. The property is zoned commercial (Comm.) and features fee simple ownership. Projected annual income at 100% occupancy is $17,160, offset by annual insurance costs of $1946 and taxes of $1283. This represents a strong potential for significant return on investment. The property's modern design and construction ensure longevity and minimal upkeep, making it an ideal addition to any investment portfolio. The Cass County location and convenient access to downtown Atlanta provide a strong foundation for future growth and profitability. This is a turnkey operation ready for immediate income generation.

Highlights

  • Projected annual income: $17,160 (100% occupancy)
  • No utility expenses for the owner.
  • Annual insurance premium: $1,946
  • Annual property taxes: $1,283

Property Details for 504 Louise St

Property type
Self storage facilities, Industrial properties
Square Feet
10,800 SF
Year Built
2023
Buildings
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Atlanta
County
Cass
State
Texas
Latitude
33.1109058
Longitude
-94.1711263
504 Louise St, Atlanta, Texas

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504 Louise St
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