**Storage Facility In Austin Texas** Beside The Airport 20% Below Mrkt

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Rare Find - Storage Facility with lots of Upside beside Austin Airport
Asking Price:
$4,800,000

Gross Revenue:
$300,000
Cash Flow:
$201,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$2,000,000
not included in asking price

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Business Description

This 378 Unit Storage Facility is located on 2.75 acres beside Austin International Airport.

The Sales includes both the business and the land. The owner has spent about $350,000 on renovations on the facility. The potential is $650,000 a year and the current income is about $300,000 a year. This is an amazing deal for a owner who has experience in real estate and can increase the property to its potential. All the traffic coming from Austin Airport drives by this facility. There is another facility in Dallas Texas that the owner is selling. You can buy both or just one. There is a 5% discount if the buyer buys both.

PLEASE SEND EMAIL WITH CONTACT INFORMATION AND WILL GET BACK WITH YOU ON ANY QUESTIONS. STORAGEINTEXAS@GMAIL.COM THANK YOU!

About the Business

Year Established:
2000
Number of Employees:
1
Real Estate:
Owned
Building Sq. Ft.:
54,875
Facilities:
2.75 Acres Major Road Frontage, Prime Location with an operating business with upside potential.
Website:
aministorageaustin.com/
Market Outlook/
Competition:
The competition is a couple miles away.
Growth & Expansion:
Yes there is 1/4 acre that is open land to build.
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About the Sale

Reason For Selling:
Owner is moving
Training/Support:
Assistance is available if needed.

Listing Info

ID:
1368285
Ad Detail Views:
2873

Attached Files Attachment Disclaimer

  2017 Mgt Summary Report (489 KB)
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Business Listed by
Edward Whitaker
U.S. Census Data for Hays, Travis and Williamson Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hays, Travis and Williamson Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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