Value-Add Opportunity In Forney, Texas For Sale - Business for Sale
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Self-Storage Facility with 204 Units in Forney, TX
Forney, TX, US
Added 1 month ago
Self Storage Facility
Self-storage facility with 204 units and 20,163 enclosed square feet located in Forney, Texas, within the Dallas–Fort Worth–Arlington metropolitan area.
Key Information
Asking
$1.6M
Revenue
$72K
Earnings
$175K
Multiple
9.1x
Key Highlights
- Existing cap rate is 4.48%
- Facility has 20,163 enclosed square feet across 204 units
- Current physical occupancy is 67%
- Property consists of eight single-story metal and steel buildings built in 1989 and 1993 on 1.27 acres
- Price per square foot is $79.11
- Located in Forney, TX (Dallas–Fort Worth–Arlington MSA) with a population exceeding 7.6 million
Contact Info
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