About 101 Enchanted Lakes
7% cap rate, this TURN KEY and historically leased to capacity offers 96 insulated Storage and Covered RV-Boat units, 35 open vehicle parking, Built in 2020, this drive up, turn-key self storage facility offers an automated operational system but with minimum operational costs and can be remotely managed. Contact-less move in, business and units are managed using a web-based system with an established website with online payment capabilities. Adjacent to multiple residential communities with 6 more in development - suggesting greater demand. Fast access to nearby Azle Hwy, this property is located in a high-growth corridor with promising future development. A variety of unit sizes offered with roll up doors and clean concrete floors, 4k digital video surveillance 24-7, secured gated entry and security lighting keep the property well lit during evening hours. The RV-Boat units provide 40ft ceiling heights, protected on all sides, lot is spacious enough to add additional non-covered vehicle parking rental income. Additional .64 acres allows for expansion of 4 more buildings with 60Ft wide turn around access for your biggest trucks - Huge Value Add Opportunity. With excellent exposure off heavily traveled Veal Station road, the property markets itself!
Features of 101 Enchanted Lakes
MLS® # | 20885806 |
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Price | $1,250,000 |
Bathrooms | 0.00 |
Square Footage | 10,800 |
Acres | 3.25 |
Year Built | 2020 |
Type | Commercial Sale |
Sub-Type | Business |
Status | Active Under Contract |
Community Information
Address | 101 Enchanted Lakes |
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Subdivision | Enchanted Lakes Pc |
City | Azle |
County | Parker |
State | TX |
Zip Code | 76020 |
Amenities
Utilities | Electricity Connected |
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Garages | Additional Parking, Electric Gate, Gravel, Lighted, Outside, Oversized, Private, RV Access/Parking, RV Carport, RV Gated, Secured, Side By Side, Storage |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Lot Description | Cleared, Flag Lot |
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Roof | Metal |
Construction | Concrete, Frame, Metal Siding |
Foundation | Slab |
Additional Information
Zoning | C |
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Listing Details
Agent | Stacy Byassee |
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Office | Fathom Realty, LLC |
Contact Info | 940-600-8883 |