- 98% Occupied – Stabilized Cashflow
- High Traffic Count of 10,600+
- Three Housing Developments Approved in the Last Two Years
- Population Expected to Grow by 10.26% within the Next Five Years
- Average Household Income at $84,657 | Exceeds the National Average of $59,039
Krum Storage & More is a 25,030 rentable square foot storage facility with 4,640 square foot of retail storefront resting on the main thoroughfare in Krum, Texas. Built in 2010 and expanded in 2014, Krum Storage & More has 163 non-climate controlled units with a history of 95 percent occupancy over the last few years. The facility features a manager’s office, a personalized gated entry with 24-hour video surveillance, drive-up access, garage style roll-up doors, perimeter wrought iron fencing, and convenience lighting throughout.
The city of Krum has approved three housing developments in the past two years: Hopkins Meadows by Impression Homes, Fowler Farm by D.R. Horton, and Brisa Meadows by Brisa Properties. Krum Storage & More is nestled right in the center of this growth. The retail aspect of this property, The Shops of Krum, have all four units full, with one-to-three year leases. The retail offices consist of a beauty salon, nail salon, a counseling office, and a small boutique shop.
Krum has seen an impressive population growth over the last few years and Krum Storage & More has been a staple in the community. With a solid history of cashflow, an above average household incomes, and with an under supplied submarket, Krum Storage & More and the Shops of Krum will be a solid asset for any new investor.