1986 Fm 3240, Bandera, TX 78003
1986 Fm 3240, Bandera, TX 78003
1986 Fm 3240, Bandera, TX 78003
1986 Fm 3240, Bandera, TX 78003
1986 Fm 3240, Bandera, TX 78003
1986 Fm 3240, Bandera, TX 78003
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Kathleen Courville

Kathleen Courville

+1(469) 441-9517
$ 749,000
Est. payment | /mo

8,250 SqFt

Save
$ 749,000
Est. payment | /mo
Save

8,250 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Improved Prop

Listing Status Active

Purchase Type For Sale

Square Footage 8,250 sqft

Price per Sqft $90

MLS Listing ID 1992274

Construction Status Metal,Metal Structure

Year Built 1997

Annual Tax Amount $7,767

Lot Size 2.884 Acres

Property Sub-Type Commercial Improved Prop

Property Description

Owner Financing Available 100k Down 6.5 Interest 5 year balloon. Excellent Investment Opportunity in the Growing Texas Hill Country! Located less than 3 miles from downtown Bandera, this established 62-unit self-storage facility offers immediate cash flow, proven performance, and exceptional upside potential. Situated on 2.884 acres, the property features substantial excess land, providing ample room for facility expansion, additional storage units, RV and boat storage, trailer parking, contractor yards, or other income-producing improvements. The property boasts approximately 260 feet of Highway 3240 frontage and nearly 483 feet of depth, offering excellent visibility, accessibility, and exposure in a rapidly growing market. The facility has maintained 98 percent occupancy throughout the current owner's ownership, demonstrating strong demand and consistent revenue generation. Current rents are believed to be below market, creating a significant opportunity for a new owner to increase revenue through rental rate adjustments while capitalizing on continued demand in the area. With virtually no vacancy history and strong local growth, investors have the opportunity to enhance cash flow through both operational improvements and physical expansion. The property's excess acreage provides tremendous flexibility for future development, including additional storage buildings, covered parking, RV and boat storage, trailer parking, equipment storage, or other value-add uses. Few properties offer this combination of stable income, expansion potential, and under-market rents. Property Highlights: Established 62-unit self-storage facility 2.884 acres with substantial excess land Approximately 260 feet of Highway 3240 frontage Less than 3 miles from downtown Bandera Consistent occupancy under current ownership Under-market rents with immediate revenue growth potential Significant upside through expansion and rate optimization Potential for RV, boat, trailer, and equipment parking Strong visibility, accessibility, and demand drivers Immediate cash flow with long-term value-add opportunities This is a rare opportunity to acquire a high-performing storage facility with multiple avenues for growth, including rental increases, additional storage development, and expansion into RV, boat, and trailer parking. The combination of strong occupancy, under-market rents, and abundant expansion space creates a compelling investment opportunity in the thriving Texas Hill Country.

Location

State TX

County Bandera

Area 2400

Zoning COMMERCIAL

Interior

Heating None

Cooling None

Exterior

Garage Spaces 100.0

Utilities Available Electricity

Amenities Available Exterior Lighting, Inside Storage

Roof Type Metal

Building

Story 1

Foundation Slab

Level or Stories 1

Construction Status Metal,Metal Structure

Schools

School District Bandera Isd

LERA MLS - Local Expertise Regional Access / SABOR
Listed by Charles Acosta • RE/MAX Associates Boerne • (210) 483-5000
Kathleen Courville

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(469) 441-9517

kathleencourvillere@gmail.com

700 N St Marys St, San Antonio, TX 78205, USA

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1986 Fm 3240