104 S Commercial St, Bells, TX 75414
- $189,000
- List Price
- $189,000
- Price Change
- ▼ $10,000 1787363429
- MLS#
- 21076532
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 2004
- Construction Status
- Preowned
- Acres
- 0.21
- County
- Grayson
- City
- Bells
- Subdivision
- Duganville
Property Description
Excellent opportunity to acquire a self-storage facility in Bells, Texas. The property consists of 20 standard 10x10 units, three smaller units, and one 20x20 garage that is not currently leased, estimated to rent for around $300 per month. Over the last few months, ownership has focused on cleaning out vacant units and re-signing tenants, renewing those who wished to stay at their existing rental rates. As a result, the currently leased units are under market value, and those tenants have intentionally been kept on month-to-month agreements. This presents the new owner the flexibility to raise rents once the vacant units are filled. At this time, 8 units are occupied and 16 are vacant, fully cleaned out, and ready to lease. None of the vacant units have been marketed yet, as ownership has prioritized the sale. Sellers will consider owner financing, please call for more information.
Additional Information
- Unexempt Taxes
- $3,275
- Tenant Pays
- None
- Lot Size
- 9,016
- Acres
- 0.21
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Metal
- Building Stories
- 1
- Parking Garage
- Paved
- Possession
- CloseOfEscrow, SubjectToTenantRights
- Inclusions
- Land & Improvements
Mortgage Calculator
Listing courtesy of Noel Cobb from Bertholf Commercial Real Estate. Contact:
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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