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(a) Except as provided by Subsection (b) of this section, a lessor may enforce a lien under this chapter only under a judgment by a court of competent jurisdiction that forecloses the lien and orders the sale of the property to which it is attached.
Lay out your most relevant findings and how they support your self-storage business idea in this part of your business plan. Examine the demographics and supply and demand story of your target market. For example, if individuals need RV storage, consider offering that option.
Currently, there are 5,808,216 square feet of self storage properties in Texas, averaging $2,189,956 representing $225,565,467 in total value. The average price per square foot for self storage buildings in Texas is $142 with a median cap rate of 7%.
A statement that the contents of the self-storage unit have been seized under the rental contract; and. A statement that if you don't pay what you owe before the 15th day after you get the notice, the property can be sold at a public auction.