For Auction

REO Sale: Apollo Storage | Infill Site Near 1,900+ New Apartments

1917 Apollo Road,
Garland, TX 75044

Asset Snapshot

Real Estate
Asset Type
Self Storage
Property Type
1985
Year Built
0.79 Acres
Land Area

Investment Highlights

Undersupplied Market at 6.7 SF Per Capita
Over 125,000 residents within 3 miles are served by only 6.7 SF of self-storage per capita.
1,900+ Multifamily Units Within Five Miles
Seven multifamily developments within 5 miles are adding over 1,900 units of renter demand.
Diversified Garland Employment Base Nearby
Manufacturing, food production, distribution, healthcare, and retail employers anchor the area.
Revenue Upside Through Operational Review
Unit-level pricing, occupancy, marketing, and operating efficiency offer room for revenue gains.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, Apollo Storage at 1917 W Apollo Rd in Garland, Texas is a self-storage facility totaling 13,450 SF of gross building area on 0.97 acres. Built in 1985, the property sits within the Dallas–Fort Worth metro in a trade area served by only 6.7 SF of self-storage per capita within three miles. Population totals 18,688 within one mile and 122,323 within three miles, where 42,775 households earn a median income of $87,007. Seven multifamily developments within five miles are adding more than 1,900 units of renter demand, and manufacturing, food production, distribution, healthcare, and retail employers anchor the surrounding Garland employment base.

Due Diligence

Location

Apollo Storage sits at 1917 W Apollo Rd in Garland, within the Dallas–Fort Worth metro. The trade area holds 18,688 residents within one mile and 122,323 within three miles, where median household income reaches $87,007. Seven multifamily developments within five miles are adding over 1,900 units, while manufacturing, distribution, healthcare, and retail employers anchor nearby demand.

122,323
Population within 3 miles
6.7 SF
Self-storage SF per capita (3 miles)
1,900+
New multifamily units within 5 miles

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Auction Opens In
31d 19h 16m 45s
$200,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Thomas Dickinson
Marcus & Millichap
Derek Schuster
Marcus & Millichap
TX License: 685656
Paul Casella
Marcus & Millichap
TX License: #750071-SA
TS
Tim Speck
Marcus & Millichap
TX License: 9002994

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.