This Specialty Property is no longer advertised on LoopNet.com.
1009 Burke Rd
Pasadena, TX 77506
Burke Self Storage · Specialty Property For Sale
·
49,600 SF
INVESTMENT HIGHLIGHTS
Both Assets Reside Directly off of Burke Road, Witnessing Over 13,750+ Vehicles Daily
Two Property Portfolio With Both Facilities Within One Mile of Each Other
Ability To Optimize Payroll Expense by Running One Site as an Annex or Both Sites Virtually, Resulting in a Reduction in Management Costs
High Percentage of Renter Occupied Homes in the Three Mile Radius at 47 Percent Compared to the National Average of 31 Percent
Ability To Increase Rental Rates for Entire Portfolio by 27 Percent To Reach Market Levels by Year Two
PROPERTY FACTS
Property Type
Specialty
Property Subtype
Self-Storage
Building Class
B
Lot Size
3.13 AC
Building Size
49,600 SF
No. Stories
1
Year Built/Renovated
1975/1998
Parking Ratio
0.08/1,000 SF
PROPERTY TAXES
Parcel Number
0321070010044
Improvements Assessment
$984,299
Land Assessment
$409,419
Total Assessment
$1,393,718
ZONING
Zoning Code
Industrial, F1