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Operating Storage Facility and Vacant Land in Texas

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Listing Information

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Operating Storage Facility and Vacant Land in Texas



Minimum Price: $890,000.00


Other Item Info
Item #: txsbke_385350
Created: 10/18/2014
Category: Real Property > Residential > Other
Sale Date: None Set
Seller Info
Spencer D. Solomon
Trustee's Attorney
2800 Post Oak Blvd. 61st Floor
Houston, TX 77056
(713) 960-0303
Bankruptcy Info
Case #: 4:14-bk-34285
Court: Texas Southern Bankruptcy Court
Chapter: 7
View Case Docket

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Real Estate Location

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1418 FM 2854
Conroe, TX,

Description

Sale of real property comprising an operating storage facility 2.195 acres “Improved Tract” and adjacent vacant land 1.153 acres  “Unimproved Tract” both located in Montgomery County, Texas.

The Improved Tract contains 24,000 square feet of rentable storage 182 units and 7,600 square feet 38 outdoor spaces for boats and other vehicles, totaling 31,600 existing  square feet for the improved Facility.

The Unimproved Tract consists of a 1.153 acre tract with exposure to FM 2854, which can accommodate a 2-story climate controlled expansion to the adjacent improvements. The Improved Tract presently has 63% unit occupancy and 57% economic occupancy


Additional Details

Deposit Amount - $25,000

Last date to respond – 21 days from the date of service
Date of Service – October 17, 2014



Other Information

Terms and Conditions:

See Attached


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