Property AXH listed for $2,600,000
43,808 rentable sqft airplane storage facility including 43 T-Hangar spaces in two buildings. The 2.5 acre site is just off the Houston Southwest Airport KAXH runway in Arcola, about half an hour drive from downtown Houston. The metal over steel structures with concrete drives were built in 1981. The facility is historically well-occupied and currently sits at 95% physical occupancy with good upside in rental rates.
- 2.5 Acre site just off the Houston Southwest Airport (AXH) runway in Arcola, TX with 43 T-Hangar units in 2 metal over steel structures totaling 43,808 net rentable square feet with concrete drives
- Well lit facility
- New roof coating added in 2018
- 2 Storage containers on property will convey with the sale
- Upside in revenue management and increased occupancy
- Facility will benefit from improved signage, adding a website, accepting online/credit card payments, adding surveillance cameras