Sands Investment Group is Pleased to Present Exclusively For Sale the 29,000 SF Mohave Storage Asset Located at 16 South Industrial Loop in Midland, TX. The Facility Was Converted Into a Self-Storage and is Already Leased Above 70% Occupancy, Providing For a Unique Investment.
- Strong 3-Mile Income and Population Demographics; There Are 61,821 People in the Trade Area With an Average Income of $87,885
- There’s Been a 12% Rental Rate Growth Over the Past 12 Months in the Trade Area (Data From Stortrack)
- Capital Improvements Include a New Surveillance System, Power Gate, Signage, Additional Walls and Lighting
- An Attractive $42/SF For Stabilized Product in TX
- The Facility Was Converted Into a Self-Storage and is Already Leased Above 70% Occupancy
- Midland is in the Permian Basin, Located Off Interstate 20, and is a Major Center For Oil and Gas Production.
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
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