- Hot Shots Self-Storage
- 1602 Texas Loop 11 , Wichita Falls, TX, 76063
Constructed in 2009, Hot Shots Storage is one of the newest storage facilities in Wichita Falls. The facility features concrete paving, a standing seam metal roof and five buildings containing 176 storage units – 138 non-climate controlled units and 38 climate controlled units – as well as 15 RV storage spaces. There is a manager’s office located at the front of the facility.
Hot Shots Storage is located in the west part of Wichita Falls in a clearly delineated market area bounded by I-44 on the east, U.S. 287 on the north and U.S. 277 on the south. The only other storage facilities serving this area are much older – built in 1973 and 1991 – and show their age. Hot Shots Storage is clearly the class of the competition.
The facility is owned by a part-time owner-operator and is managed with a kiosk. There are a large number of non-revenue units that friends, associates and charities favored by the owner use without charge. By using enhanced marketing techniques and the reallocation of units from non-revenue to rentable units, there is an opportunity to enhance revenue. Additionally, there is room for expansion of as much as 10,000 SF – an increase of 44%.
Hot Shots Storage is an ideal “bolt-on” acquisition for an operator located in the region, or as an initial investment in the area for a multi-city owner.
±22,000 RSF Plus Office on ±2.18 Acres
- 191 Units Including RV Parking
- 138 Drive Up Units
- 38 Climate Control Units
- 15 RV Units
|Land Size:||2.18 acres|
|Total Building Size:||22,000 sqft|
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