Dallas-Fort Worth Real Estate Investor Club

Copperas Cove Mini Storage Opportunity

  • 13 Dec 2016 4:53 PM
    Message # 4458268
    Anonymous

    We are wholesaling a vacant Mini Storage in Copperas cove. Here is info on the deal, please contact me with questions or to arrange a showing.

    http://bit.ly/2gya9QC

    Answers to investors questions:

    1. What are the taxes you pay? I see they have devalued it from $192k from 2009 down to $121 on the tax rolls. Wonder why? Has the area had a decrease in military personal?

    A. $3,643 a year in taxes. The tax value went down because we argued the values for less, so we would pay less taxes. We do this with all our properties.

    2. Did you pick it up vacant and if so, do you know why it was vacant?
    A. Yes, I picked it up vacant. It’s a distressed property I bought with a package of SFHs, and I don’t want to operate it

    3. There could be personnel property in there, did they notify the owners of it? Did they close and not give it back? That could be an issue.
    A. This is not an issue. The property has been vacant for a while.

    4. Any additional pictures you can send?
    A. See the below link

    https://www.dropbox.com/sh/larki6wl1m4tk2e/AABAo3s-e3pinyaLuqtZ4kyKa?dl=0

    5. Any vendor liens on the property?
    A. No

    6. Any way to get past history of expenses they put into it and or the cost to operate?
    A. No

    7. What does trash/electric & such cost per year?
    A. do not know

    8. Do you know how big the property is in sq ft or acreage?
    A. 7,770.00 sqft ACRES .72

    9. Why did prior owners sell it?
    A. I purchased it from an investor

    10. 10. besides changing all the locks, what structural issues are there you know of?
    A. None that I know of

    11. 11. Is there an office a manager can work out of?
    A. No

    12. is there a lock box so we can go down and see it?
    A. No lock box, but you can go see it

    Contact me for more info or we can arrange a group tour...

    Chris Winkler
    949-791-7904

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