PORTFOLIO PRICE: $2.299mm
TOTAL UNITS: 300
TOTAL SQFT: 46,570 SQFT
STORAGE TYPE: CLIMATE CONTROL
BLDGS RENOVATED: 2016, 2018
OVERVIEWNewly renovated industrial warehouse in Bay City & West Columbia, Texas have been converted into the only Class A, climate controlled self-storage in their respective areas.. This portfolio is being sold with stabilized income and upside potential. Located on a major thoroughfares, each facility is strategically placed. With hands-off management, and great online presence, these properties offer excellent opportunity for regional expansion.
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
Bay City West Columbia
PURCHASE PRICE: $1,119,000
OCCUPANCY: 93%
CAP RATE: 7.02%
LOT SIZE: 0.517ac
BLDG SIZE: 21,750 SF
BLDG RENOVATED: 2016
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
Bay City West Columbia
PURCHASE PRICE: $1,208,000
OCCUPANCY: PRE-LEASING
START DATE: JAN 2, 2019
LOT SIZE: 1.924ac
BLDG SIZE: 25,000 SF
BLDG RENOVATED: 2018
INDIVIDUALLY PRICED
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
• WITHIN 4 BLOCKS OF CITY CENTER
• NEAR MAJOR RETAILERS
• LARGEST STORAGE FACILITY IN AREA
• NEWEST STORAGE FACILITY IN AREA
35
60
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
Bay City
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
• ON HIGHLY TRAVELED ROUTE
• NEAR MAJOR ANCHOR RESTAURANTS
• LARGEST STORAGE FACILITY IN AREA
• ONLY CLIMATE CONTROLLED STORAGE IN AREA
60
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
West Columbia
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
• 135 UNITS
• 95% OCCUPANCY
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
Bay City West Columbia
• 163 UNITS
• 6,000 SQFT AVALABLE FOR EXPANSION
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
Statements have not been audited, reviewed, or compiled. No assurance is provided on them. 3/4
Profit and Loss- Year-To-DateJanuary - October, 2018
Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018 Jun 2018 Jul 2018 Aug 2018 Sep 2018 Oct 2018 Total
INCOME
Rental Income 12,239.67 12,728.66 12,717.92 12,135.53 12,105.21 11,645.35 12,003.85 12,975.38 12,021.93 12,856.78 123,430.28
Late Fee Income 140.00 90.00 130.00 120.00 81.00 61.00 110.00 110.00 90.00 120.00 1,052.00
Total Income 12,379.67 12,818.66 12,847.92 12,255.53 12,186.21 11,706.35 12,113.85 13,085.38 12,111.93 12,976.78 124,482.28
GROSS PROFIT 12,379.67 12,818.66 12,847.92 12,255.53 12,186.21 11,706.35 12,113.85 13,085.38 12,111.93 12,976.78 124,482.28
EXPENSES
Repair & Maintenance 616.50 841.50 1,537.58 1,280.81 1,184.49 1,760.36 916.50 666.50 1,429.88 2,396.50 12,630.62
Utilities Expense 867.22 1,469.88 974.49 685.57 701.37 978.10 1,027.55 1,081.31 1,592.19 1,087.17 10,464.85
Taxes 8,706.01 8,706.01
Insurance Expense 707.12 707.12 742.23 1,439.35 702.12 702.12 1,923.75 1,154.25 8,078.06
Legal & Professional Fees 550.00 350.00 350.00 450.00 680.00 450.00 2,115.00 1,510.00 50.00 250.00 6,755.00
Merchant Account Fees 204.01 258.98 218.00 213.83 237.27 204.02 215.43 2,611.21 989.89 1,249.81 6,402.45
Advertising 621.82 447.95 581.11 332.36 335.04 425.33 398.25 376.30 365.18 1,486.01 5,369.35
Office Expense 766.89 437.11 772.45 127.70 167.88 407.95 162.70 479.70 459.35 230.40 4,012.13
Meals & Entertainment 60.64 47.00 29.20 255.69 65.70 317.43 386.24 30.83 317.48 157.06 1,667.27
Total Expenses 4,394.20 3,852.42 5,169.95 4,088.19 4,811.10 13,951.32 5,923.79 6,755.85 7,127.72 8,011.20 64,085.74
NET OPERATING INCOME 7,985.47 8,966.24 7,677.97 8,167.34 7,375.11 -2,244.97 6,190.06 6,329.53 4,984.21 4,965.58 60,396.54
OTHER EXPENSES
Interest Expense 2,200.34 2,213.40 1,981.70 2,184.72 2,106.14 2,167.60 2,090.04 4,687.11 3,920.38 4,136.76 27,688.19
Depreciation Expense 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 1,891.20 18,912.00
Total Other Expenses 4,091.54 4,104.60 3,872.90 4,075.92 3,997.34 4,058.80 3,981.24 6,578.31 5,811.58 6,027.96 46,600.19
NET OTHER INCOME -4,091.54 -4,104.60 -3,872.90 -4,075.92 -3,997.34 -4,058.80 -3,981.24 -6,578.31 -5,811.58 -6,027.96 -46,600.19
NET INCOME $3,893.93 $4,861.64 $3,805.07 $4,091.42 $3,377.77 $ -6,303.77 $2,208.82 $ -248.78 $ -827.37 $ -1,062.38 $13,796.352018 YTD OPERATING INCOME: $124,482.28
2018 YTD OPERATING EXPENSES: $65,441.31
2018 PROJECTED NOI: $78,529.57
CAP RATE: 7.02%
UNIT MIX – 137 Units
5x10 - qty 29 ...................
10x10 - qty 62 + 2 office
10x12 - qty 6 ...................
10x15 - qty 27 .................
10x20 - qty 11 .................
NRA: 14,820 sqft
% OCC
93%
96%
50%
96%
90%
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
OCCUPANCY START: Jan. 2, 2019
PRE-COMPLETION OCCUPANCY: 2%
PROJECTED OCCUPANCY MAR 31, 2019: 35%
PROJECTED CASH FLOW MAR 31, 2019: $12,107
PROJECTED OCCUPANCY JUNE 31, 2019: 65%
PROJECTED CASH FLOW JUNE 31, 2019: $40,756
PROJECTED NOI JUNE 31, 2019: $19,563
STABILIZED NOI @ 89% OCC & $84,522
91% mkt rents
VALUE AT 7.00% CAP @ 89% OCC & $1.208 mm
91% mkt rents
UNIT MIX – 163 Units
5 x10 – qty 11
10 x10 – qty 36
10 x12 – qty 70
10 x15 – qty 37
10 x 20 – qty 9
NRA: 18,300 sqft
UPSIDE POTENTIAL
6,000 sqft interior expansion
+$75,000 gross income
8,800 sqft Covered Boat/RV Storage
+$57,000 gross income
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
HIGHLIGHTS
• CENTERED IN LOCAL COMMUNITY • WITHIN 1 MILE OF MAJORITY CITY POPULATION
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
½ MI.
1 MI.
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
Bay City
HIGHLIGHTS
• NEAR HIGH TRAFFIC CORRIDORS • WITHIN 1 MILE OF MAJORITY CITY POPULATION
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
½ MI.
1 MI.
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
West Columbia
HIGHLIGHTS
• 21 MILES BETWEEN PROPERTIES
• NEWEST CLIMATE CONTROLLED IN REGION
• WITHIN 50 MILES OF HOUSTON
• EASY ACCESS TO EACH PROEPRTY
ANDREW T. [email protected]
The information contained in this presentation is a combination of information provided by Central Metro Commercial and from sources we believe to be reliable. No representations or
warranties, express or implied are made by any party, and no guarantees are made as to the accuracy of this information. Recipients are entitled and encouraged to perform their own
due diligence prior to entering into a contract concerning the property described herein.
CENTRAL METRO COMMERCIAL13497 Hwy 183, Ste 700Austin, TX 78750512.249.7368
50 MI
25MI
75MI
UStorIT Bay City, TX & UStorIT West Columbia,TX STORAGE PORTFOLIO FOR SALE
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