Cleburne, TX
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A short drive down the Chisholm Trail Parkway from Downton Fort Worth, TX sits StorMaxx Self Storage. Located off Main Street on the south end of Cleburne, TX, this 147-unit facility is composed of non-climate controlled units. Built in 1996 and expanded in 2016, the facility boasts a 92% unit occupancy, with a 65% economic occupancy. The facility was constructed in a fortress style model and is located on 2.23 acres of land. With low economic occupancy and below market rental rates, this value-add opportunity for the next operator of StorMaxx is in the management of the facility.