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ON-MARKET

Value-Add Opportunity In Forney, Texas For Sale

Forney, TX

$1.6M
Asking Price
$72K
Revenue
$100K
Cash Flow

Overview

Calvary Realty is pleased to present Town and Country Self Storage, a compelling value-add opportunity located at Forney, TX 75126, within the Dallas–Fort Worth–Arlington MSA, the fourth-largest metropolitan area in the United States with a population exceeding 7.6 million. The property is offered at $1,595,000, reflecting an existing cap rate of 4.
48% and an attractive price per square foot of $79.11. Built in 1989 and 1993, the facility sits on 1.
27 acres and consists of eight single-story metal and steel buildings totaling 20,163 enclosed square feet across 204 units. Current physical occupancy is 67%, with room to grow occupancy and improve operations, positioning the asset as a mismanaged property with significant value-add upside through operational improvements and tent insurance. An adjacent lot is available for purchase, offering a clear path for future expansion.
The property is strategically located near Highway 80 and benefits from strong visibility and accessibility, with a daily traffic count of approximately 12,628 vehicles. The surrounding area includes 20 housing developments within a five-mile radius, supported by an annual population growth rate approaching 5%. With 6.
58 square feet per capita within a one-mile radius, favorable supply-demand dynamics further strengthen the long-term investment thesis.

Key Details

Year Established1989
StateTX
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