845 S. Holland Rd, Mansfield TX, 73072
Eagle Boat/RV Storage is a 199-unit self-storage facility and office built in 2012. The property is in Mansfield, Texas. Eagle Boat/RV Storage has an excellent 1-mile median household income of $101,827 and a 3-year population growth of 21.5% within a10-minute drive. Average self-storage rent per square foot has increased 15-20% in the last year.Rental rates 30%+ below market rate for enclosed Boat/RV storage units with for value-add opportunity.
Offering Highlights: Investor split – 70%, Sponsor Split – 30%, Hold time 4-6 years, 5 year fixed rate loan at 5.4%, Monthly Distributions, Tax Benefits from bonus depreciation.
