INVESTORS looking for a GREAT VALUE-ADD property with LOW MAINTENANCE will love this deal on the high-traffic Business-Hwy.-35, at 530 W Cleveland. Priced WAY BELOW County Appraisal District value, it's priced to sell at Less than $6,430/unit. It won't take much to get this place up to speed for easy income and instant equity. The 35 units include 21 inside units (Ten ~10x8' and Eleven ~15x9') off central hallways that can be "Climate-controlled," while the other 14 (~9x9') have individual exterior doors. The lot itself is a Value-Add with the large grassy area that could either be fenced for outside storage or could have more units built on it. A recent paint job on the whole Exterior building has it looking fresh, and your brand new sign and re-branding for 24-hour access, climate-controlled storage units with easy in-and-out access can breathe new life in a great little property. With low expenses and steady income potential, this could be the perfect low-cost investment.
MLS# | 449161 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Year | 1997 |
Days On Site | 37 |
Listing Provided By | Cass Real Estate | Brenton Reagan |
SQ Feet | 4,938 |
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Story(s) | 1 |
Units | 35 |
Building(s) | 1 |
Acreage | 0.66 |
State | TX |
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County | San Patricio |
City | Aransas Pass |
Zip Code | 78336 |
Community Name | Aransas Pass Townsite |
Listing VS Median (in Aransas Pass Townsite) | |
Price: $225,000 low | high Med: $249,000 SqFt: 4,938 low | high Med: 3,392 $ / SqFt: $46 low | high Med: $73 On Site: 37 low | high Med: 155.000000 |