11483 Old Highway 105Conroe, TX 77303

For Sale
$2,290,000

252 Units, 3.88 Acres, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 252-unit self-storage facility situated on a 3.88-acre lot in Conroe, Texas. The property boasts 27,400 square feet of rentable space, currently operating at 91% occupancy. Built in 2005 and renovated in 2022, this Class B facility comprises ten single-story buildings and offers a mix of unit sizes, including 5x5, 5x10, 10x10, 10x20, and 10x30 units. The property includes key features such as water and electricity, security cameras, and fenced perimeter, enhanced by motorized fencing for added safety. An electronic pylon sign ensures high visibility. The asking price is $2,290,000, translating to $83.58 per square foot. An additional two acres of land provide significant value-add potential for expansion, ideal for boat and RV storage, capitalizing on the strong and growing demand in this area. The property benefits from its convenient location near major highways (Hwy 105, Hwy 336, and I-45) and possesses a current and valid Certificate of Occupancy. Low operating costs and minimal maintenance requirements further enhance its attractiveness as a stable and profitable investment. This stabilized, value-add property is poised for continued success in a rapidly developing market.

Highlights

  • 252-unit self-storage facility.
  • Unit mix includes 100 sq ft, 1,100 sq ft, 20,600 sq ft, 800 sq ft, and 4,800 sq ft units.
  • Two acres of land with significant expansion potential.
  • Features water, electricity, security cameras, and perimeter fencing.
  • Prominent electronic pylon sign.
  • Large lot suitable for boat and RV storage.

Property Details for 11483 Old Highway 105

Property type
Other land, Self storage facilities
Square Feet
27,400 SF
Class
B
Year Built/Renovated
2005/2022
Buildings
10
Stories
1
Lot Size (sq. ft)
169,013 SF
Units
252

Location Insight

City
Conroe
County
Montgomery
State
Texas
Latitude
30.3251797
Longitude
-95.3994236
11483 Old Highway 105, Conroe, Texas

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11483 Old Highway 105
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