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2180 Highway 1187
Mansfield, TX 76063

A-Affordable Boat & RV Storage · Specialty Property For Sale · 48,870 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 1.96 AC
Building Size 48,870 SF
No. Stories 1
Year Built 1980
Parking Ratio 3.09/1,000 SF

About 2180 Highway 1187 , Mansfield, TX 76063

Currently, the property consists of six (6) single-story, pre-engineered covered metal RV/boat storage buildings. The facility has 151 total units, of which 107 are covered units, and 44 are open storage spaces. This is in addition to a 1,900 SF leased office and 1 garage space. The property has undergone an expansion/renovation project that has brought the current rentable gross building area to 48,231 SF, open gravel parking spaces to 21,120 SF and commercial office building to 1,900 SF. Additionally, the expansion project included changing the southern fencing, updating the office and painting the property. The property was purchased in January 2017. At the time of purchase the property was only 34% occupied. Since renovations have been completed, the property has grown to a 74% occupancy rate and expected to reach market rates of 95-100% within the next few months.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04017242
  • 06633250
Land Assessment
$463,528
Improvements Assessment
$2,032,562
Total Assessment
$2,496,090

zoning

Zoning Code L1
L1
  • Listing ID: 12636918

  • Date on Market: 5/22/2018

  • Last Updated:

  • Address: 2180 Highway 1187, Mansfield, TX 76063

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