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Self-Storage Facility

Austin Stone Storage

19101 Ranch Rd 1431, Jonestown, TX 78645

Listing Price: Request For Offer

Number of Units
290
Occupancy
84.0%
Rentable SF
42,525
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Austin Stone Storage in Jonestown, TX. Consisting of 42,525 net rentable square feet on 3.09 acres, this Class A facility maintains 290 total units. Austin Stone Storage features 253 climate controlled units ranging from 25 to 300 square feet and 37 non-climate controlled units ranging from 100 square feet to 360 square feet. Since opening its doors in September of 2021, the facility has leased with incredible velocity to 48 percent physical occupancy. An investor can benefit from the continuation of lease-up activity combined with rental rate growth across multiple unit types and sizes. The facility amenities include a high-end retail office which greets tenants, a state-of-the-art security system and gated entry. Limited self-storage inventory is available in this submarket which has 5.57 square feet per capita for the 5-mile radius of the facility. Austin Stone Storage is conveniently located on Ranch Road 1431 in Jonestown, TX with daily traffic count exceeding 18,100. Ranch Road 1431 is the main route for residents living in Jonestown, TX, Lago Vista, TX and other communities north of Lake Travis who commute to Austin, TX. In 2000 the average time traveled to work was 36 minutes for this geographic area. The population surrounding the facility has increased by 106 percent since 2000 and is projected to increase an additional 17 percent over the next five years. There are 6,833 single family residences as well as 1,380 apartments within a 5-mile radius of the facility.

Investment Highlights

  • 290 Units Including 253 Climate Controlled Units and 37 Non-Climate Controlled Units
  • Year Built 2021
  • 5.57 Square Feet Per Capita

Exclusively Listed By

Self-Storage Facility

Austin Stone Storage

Listing Price: Request For Offer

Number of Units
290
Occupancy
84.0%
Rentable SF
42,525
Year Built
2021

Investment Highlights

  • 290 Units Including 253 Climate Controlled Units and 37 Non-Climate Controlled Units
  • Year Built 2021
  • 5.57 Square Feet Per Capita

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Austin Stone Storage in Jonestown, TX. Consisting of 42,525 net rentable square feet on 3.09 acres, this Class A facility maintains 290 total units. Austin Stone Storage features 253 climate controlled units ranging from 25 to 300 square feet and 37 non-climate controlled units ranging from 100 square feet to 360 square feet. Since opening its doors in September of 2021, the facility has leased with incredible velocity to 48 percent physical occupancy. An investor can benefit from the continuation of lease-up activity combined with rental rate growth across multiple unit types and sizes. The facility amenities include a high-end retail office which greets tenants, a state-of-the-art security system and gated entry. Limited self-storage inventory is available in this submarket which has 5.57 square feet per capita for the 5-mile radius of the facility. Austin Stone Storage is conveniently located on Ranch Road 1431 in Jonestown, TX with daily traffic count exceeding 18,100. Ranch Road 1431 is the main route for residents living in Jonestown, TX, Lago Vista, TX and other communities north of Lake Travis who commute to Austin, TX. In 2000 the average time traveled to work was 36 minutes for this geographic area. The population surrounding the facility has increased by 106 percent since 2000 and is projected to increase an additional 17 percent over the next five years. There are 6,833 single family residences as well as 1,380 apartments within a 5-mile radius of the facility.

Exclusively Listed By

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