7304 Seymour Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7304 Seymour Hwy
32,352 SF Specialty Building Offered at $1,400,670 CAD at a 12.69% Cap Rate in Wichita Falls, TX 76310
Investment Highlights
- New construction
- Extra land for expansion
- Enclosed storage units
Executive Summary
2 buildings With 25 Storage Units: 32,352 total sqft. Built 2021-2023
Bldg.1- 14,400 Sqft / 25- 12’ X 48’units
Bldg 2 17,952 Sqft / 25 - 14’ X 48’units
Land: Approx. 5.76 Ac
Lease Tenants: 50 Rv/ Boat Misc Storage Units
Term: 3 Mnths- 1 Yr. 24 Available Now. 26 Units still to BeCompleted (doors).
Unit Rental: $250/ Mnth.
Number Rented: 8
Pro Forma Gross Income: $150,000/ Yr
Landlord Nnn Expenses: $25,000/ yr
Approx. $11,000. / Yr Tax
Approx. $10,000/ Yr Ins
Approx. $4,000/ Yr Cam
Noi: $125,000
Cap Rate 12.69%
Sale Price: $985,000.
Price/ Sqft: $30.45
Misc: There is a Easement in With Entrance to Bobcat, Tenants Can Get to the Back Rv and Boat Storage Property.
Seller Has Built all 50 Units, but 25 units need the doors installed. Doors are there. Selling “AS IS”. No financial. Only a few leased.
Bldg.1- 14,400 Sqft / 25- 12’ X 48’units
Bldg 2 17,952 Sqft / 25 - 14’ X 48’units
Land: Approx. 5.76 Ac
Lease Tenants: 50 Rv/ Boat Misc Storage Units
Term: 3 Mnths- 1 Yr. 24 Available Now. 26 Units still to BeCompleted (doors).
Unit Rental: $250/ Mnth.
Number Rented: 8
Pro Forma Gross Income: $150,000/ Yr
Landlord Nnn Expenses: $25,000/ yr
Approx. $11,000. / Yr Tax
Approx. $10,000/ Yr Ins
Approx. $4,000/ Yr Cam
Noi: $125,000
Cap Rate 12.69%
Sale Price: $985,000.
Price/ Sqft: $30.45
Misc: There is a Easement in With Entrance to Bobcat, Tenants Can Get to the Back Rv and Boat Storage Property.
Seller Has Built all 50 Units, but 25 units need the doors installed. Doors are there. Selling “AS IS”. No financial. Only a few leased.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,400,670 CAD | Lot Size | 5.76 AC |
| Price Per SF | $43 CAD | Building Size | 32,352 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 12.69% | Year Built | 2021 |
| Property Type | Specialty |
| Price | $1,400,670 CAD |
| Price Per SF | $43 CAD |
| Sale Type | Investment |
| Cap Rate | 12.69% |
| Property Type | Specialty |
| Lot Size | 5.76 AC |
| Building Size | 32,352 SF |
| No. Stories | 1 |
| Year Built | 2021 |
1 of 1
PROPERTY TAXES
| Parcel Number | 101934 | Total Assessment | $751,259 CAD |
| Land Assessment | $106,341 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $644,918 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
101934
Land Assessment
$106,341 CAD
Improvements Assessment
$644,918 CAD
Total Assessment
$751,259 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
zoning
| Zoning Code | GC |
| GC |
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
7304 Seymour Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.