15242 Garrett RdHouston, TX 77044
High-Return Boat & RV Storage Business
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- 90,000 SF boat & RV storage facility on 12 acres in Houston, TX (77044).
- Currently 65% occupied, generating $246,000 NOI and an 8.20% cap rate.
- Projected NOI of $450,000 and a 15% cap rate. Asking price: $3,000,000 ($33.33/SF, $10,526.32/unit).
- Includes 7,500 SF metal building with high ceilings and large garage doors, plus shipping container office/storage.
- Excellent location near Lake Houston boat launch, adjacent to a subdivision without on-site storage, ensuring high demand. 285 units under gross lease agreements.
Property Details for 15242 Garrett Rd
- Property type
- Self storage facilities, Investment properties
- Square Feet
- 90,000 SF
- Lot Size (sq. ft)
- 522,720 SF
- Units
- 285
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.8818325
- Longitude
- -95.1449255
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].