1736 W Highway 29

This one checks all of the boxes for the value-add investor; 205 storage units with below-market rents and 4 acres of additional commercial property on Highway 29 to add more units. The City of Burnet is growing quickly with hundreds of new homes planed for the area as Austin's pressure continues to push this direction. Located on both sides of the highway, the approximate 5.95 acres has a total of 380ft of highway frontage and also includes a 4000sf office/warehouse space. There are currently only 5 outdoor storage parking tenants (boat/trailer/ect.) but there's plenty of additional land included to expand this side of the business tremendously. The storage facility is gated with electronic keypad to allow 24/7 access. Overall, the facility is in great shape, with some minor cosmetic updates this facility could really shine.