United Storage Units - Honey Grove Self Storage

Nestled in the charming community of Honey Grove, TX, this self-storage facility at 1485 Maple St enjoys an advantageous position along US Highway 82, a major thoroughfare that connects various regional hotspots. The facility’s strategic location not only enhances visibility but also attracts a steady flow of customers from the surrounding areas. Honey Grove is known for its small-town appeal and vibrant local culture, offering a perfect mix of residential and commercial opportunities. This prime site is ideal for servicing both local residents in need of storage solutions and businesses requiring extra space, making it a valuable asset in a growing market.Seize a remarkable investment opportunity with this well-established self-storage facility located at 1485 Maple St, Honey Grove, TX. With a prime location directly on US Highway 82, this property boasts exceptional visibility and high traffic, making it an ideal choice for both local residents and businesses seeking reliable storage solutions. This facility features 69 units across 7,484 square feet of rentable space, currently operating at a strong occupancy rate of approximately 73%. With an annual revenue of around $45,000 and low operating expenses, it presents a solid return on investment. The property is in great condition and offers a turnkey operation, requiring no capital expenditure (CapEx) for improvements, allowing for immediate cash flow as well as cash improvements by leasing up further. Situated on 2 acres of land, this facility not only provides ample space for current operations but also offers significant expansion potential for future growth. Whether you’re an experienced investor or looking to enter the self-storage market, this facility represents an outstanding opportunity to capitalize on a growing demand for storage solutions in the Honey Grove area. Don’t miss your chance to acquire this lucrative asset!