• Hot Shots Self-Storage
  • 1602 Texas Loop 11 , Wichita Falls, TX, 76063
Property Overview

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.

Improvements

±22,000 RSF Plus Office on ±2.18 Acres

Unit Mix
  • 191 Units Including RV Parking
  • 138 Drive Up Units
  • 38 Climate Control Units
  • 15 RV Units
Sale Price:$1,200,000.00
Property Type:Industrial
Market:Other Areas
Submarket:No Submarket
Land Size:2.18 acres
Total Building Size:22,000 sqft
Year Built:2009
Property Downloads
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7: Site Plan
Sale Details
Industrial Property Attributes
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Map of 1602 Texas Loop 11 , Wichita Falls, TX, 76063