4135 Parkdale LnDenison, TX 75020

For Sale
Call for price

High-Occupancy Denison Storage Facility

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 14,160-square-foot self-storage facility in Denison, Texas, presents a compelling investment opportunity. Boasting 111 units and an impressive 89% occupancy rate, this single-story, 2021-built property (with 2024 renovations) sits on a 2.237-acre lot in Grayson County, conveniently located less than a mile from the intersection of Hwy 75 and FM 120. The property is fully fenced and gated, offering enhanced security. Significant site work has already been completed, allowing for cost-effective expansion on approximately one acre of included vacant land at the front and rear of the property. The current rent roll provides immediate income, with potential for significant revenue growth through rate increases averaging approximately $700 per month to match current market rates. The property benefits from its location near multiple multi-family developments and a strong local economy, reflected in a 3-mile median income of $58,268. This is a rare chance to acquire a stabilized, high-performing asset with significant upside potential for expansion and increased profitability. The property is located outside of the city limits of Denison.

Property Details for 4135 Parkdale Ln

Property type
Self storage facilities, Industrial properties
Year Built/Renovated
2021/2024
Stories
1
Lot Size (sq. ft)
97,444 SF
Units
111

Location Insight

City
Denison
County
Grayson
State
Texas
Latitude
33.760235
Longitude
-96.5933341
4135 Parkdale Ln, Denison, Texas

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4135 Parkdale Ln
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