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2206 Finfeather Rd

2206 Finfeather Rd | Bryan | Texas | 77801 Back to Properties


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Confidentiality Agreement

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Agreement

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Property Highlights

    • Price Reduction - $3,550,000
    • 3 Miles From Texas A&M University
    • Close Proximity to Highway 21 & Highway 6
    • 88% Physical Occupancy
    • 46,100 NRSF
    • Concrete Driveways, Perimeter Fencing and Gated Entry with Keypad Access

Property Details

  • Price: $3,550,000
  • Transaction Type: For Sale
  • Property Type: Specialty
  • Property Sub Type: Self-Storage
  • Building Size: 46,100 SF
  • Lot Size: 2.85 AC AC
  • Cap Rate: 6.42%%
  • Sale Type: Investment
  • Year Built: 1976
  • No. Stories: 1
  • Parking Ratio: 0.54/1,000 SF
  • APN/Parcel ID 51106

Property Description

Watson & Taylor Self Storage is a 46,100 NRSF storage facility located in Bryan, TX. The facility has excellent visibility and signage on Finfeather Road. Located three miles from Texas A&M University, Watson & Taylor caters to the 68,625 and growing student population. Watson & Taylor is centrally located with close proximity to Highway 21 and Highway 6. Additionally, the facility is located 98 miles northeast of downtown Houston and 104 miles northeast of Austin.

Construction highlights include concrete driveways, eight cinder block and steel buildings, pitched shingle and standing seam roofs and exterior lighting. Watson & Taylor Self Storage is fully equipped with gated entry and keypad access, perimeter fencing and security cameras. The facility has an on-site leasing office and manager’s apartment. The perimeter of the property has ample space for U-Haul truck rental or outdoor parking.

Watson & Taylor contains 400 non-climate, interior non-climate and outdoor parking units. The physical occupancy is currently 88%. The facility was built in 1976 and covers +/- 2.85 acres.

Watson & Taylor is a pride of ownership facility. The owner persistently completes cap-ex items as needed to maintain superior quality for all tenants. The occupancy has remained above 85% for over twenty years.

 

Investment Summary

Pride of ownership facility located three miles from Texas A&M University (66,625 enrollment)

 

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Financial Summary (Actual - )

Annual Annual Per SF
Gross Rental Income: - -
Other Income: - -
Vacancy Loss: - -
Effective Gross Income: - -
Net Operating Income: $227,998 4.95