0000 St. Hwy 95, Shiner
Great investment property. 9,000 square foot storage facility. This storage facility sits on approximately 1.7 acres and features 9 bays with ## foot overhead doors. Each bay measures about 50ft long x 20ft wide. Current rents have been at 100% occupancy for years. The current owner rents each bay for $160 per month.
The building has electricity
Additional acreage may be purchased.
Approximate Gross Rent Multiplier based on sales price: 9.25%
Approximate Capitalization Rate based on sales price: 8.5%
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Property is located about 6.9 miles north of Shiner on State Highway 95.
Property is located about 3.7 miles South of Moulton on State Highway 95.
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