LOADING...

A Powerful and Customizable WordPress Plugin for Commercial Real Estate Websites. No Monthly Cost or Subscription Necessary. Learn More Today

101 Palm Blvd

101 Palm Blvd | Laguna Vista | Texas | 78578 Back to Properties


×

Confidentiality Agreement

Sub heading lorem ipsum

I have read and agree to the Confidentiality Agreement

Agreement

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
  • Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
  • Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
  • Duis aute irure dolor in reprehenderit in voluptate velit esse.
  • Cillum dolore eu fugiat nulla pariatur.

Property Highlights

    • $2,150,000 Price
    • Class "A" Facility
    • Located in an Opportunity Zone
    • Frontage on Highway 100/Ocean Blvd.
    • 78% Economic Occupancy (Upside Potential)

Property Details

  • Price: $2,150,000
  • Transaction Type: For Sale
  • Property Type: Specialty
  • Property Sub Type: Self-Storage
  • Building Size: 51,840 SF
  • Lot Size: 2.27 AC AC
  • Sale Type: Investment
  • Building Class: B
  • Year Built: 1999
  • No. Stories: 1
  • Zoning Description: C
  • APN/Parcel ID 310000-5780-001000

Property Description

Laguna Vista Self Storage is a class “A” self-storage facility in Laguna Vista, Texas. The facility was built in 1999 and features all concrete driveways, roll-up doors, cmu cinderblock construction and gated keypad entry. The facility is 100% non-climate controlled with a total of 239 units / 51,840 NRSF.

The property is located on Ocean Boulevard. 90% of vehicle traffic visiting Laguna Vista, Laguna Heights, Port Isabel or South Padre Island passes by Laguna Vista Self Storage. Average daily traffic counts exceed 6,000 VPD on Highway 100 near Laguna Vista Self-Storage. Additionally, the facility is only 6.0 miles from Queen Isabel Causeway – the only bridge to and from South Padre Island. Other nearby attractions include South Padres Island Golf Club, Harlingen Airport (45 Minutes) and several national / regional retailers.

Priced at $2,150,000 Laguna Vista Self Storage offers a new investor the opportunity to acquire a strategically located, value-add self-storage facility priced at replacement cost – $38/ NRSF. The current physical occupancy is 77% and economic occupancy is 78% with rents below market averages.

 

Tenant Information

Tenant SF Occupied Lease End Date
Laguna Vista Self Storage:
×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download File

×

Download File

×

3D Tour

Confidentiality Agreement Download Lease Brochure Download Sale Brochure

    Listing Team

Request Information

Property Amenities

  • Property Manager on Site
  • Storage Space
  • Signage

Financial Summary (Actual - )

Annual Annual Per SF
Gross Rental Income: - -
Other Income: - -
Vacancy Loss: - -
Effective Gross Income: - -
Net Operating Income: - -