23226 TEXAS 321

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23226 TEXAS 321

CLEVELAND, TX 77327
Asking Price
$4.95M
Cap Rate
6.05%
Asset Type
Retail
Class
Class B

What's Special

Good Self Storage | Cleveland, TX | 43,150 NRSF | 292 Total Units | Storage and Retail <p><span style="color: rgba(169, 151, 80, 1)">Investment Highlights </span></p><ul><li>​<span style="color: rgba(64, 64, 64, 1)">The property features approximately 43,150 NRSF excluding open parking, including 33,550 NRSF of self-storage space and 9,600 NRSF of retail space across 292 total units consisting of climate- controlled, non-climate, parking, and retail suites. </span></li><li>​<span style="color: rgba(64, 64, 64, 1)">The storage facility is approximately 85% physically occupied, whil

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NOI
$80,000
Cap Rate
1.62%
DSCR
0.27
Underwater
Cash-on-Cash
-14.40%
Monthly Payment
$24,489.899
Annual Cash Flow
$-213,878.79

Location & Travel Times