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Self-Storage Facility

S&D Storage 2 Property Portfolio

470 Boat Launch Rd, Point Blank, TX 77364

Listing Price: $4,500,000

Cap Rate
3.22%
Number of Units
237
Occupancy
85.0%
Gross SF
57,660
Rentable SF
57,660
Price/Rentable SF
$78.04
Year Built
2004

Investment Overview

Marcus & Millichap is pleased to offer for sale The S&D Storage Two Property Portfolio located in Point Blank, Texas. These properties combine to feature 78 climate-controlled units, 114 non-climate units and 15 sign spots, and 19 open parking spots totaling 57,660 net rentable square feet. This is a stabilized and cash flowing portfolio that benefits from an affluent and growing surrounding population. The S&D Storage Two Property Portfolio combines to sits on 5.29 acres of land and is located about three miles apart from one another.

Investment Highlights

  • Point Blank, Texas Two Property Self Storage Portfolio
  • Combined 57,660 Net Rentable Square Feet; 78 Climate-Controlled Units, 114 Non-Climate-Units, 15 Sign Spots, and 19 Open Parking Spots
  • Stabilized Portfolio - 84.12 Percent Combined Physical Occupancy
  • Each Facility has Excellent Street Visibility

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Self-Storage Facility

S&D Storage 2 Property Portfolio

Listing Price: $4,500,000

Cap Rate
3.22%
Number of Units
237
Occupancy
85.0%
Gross SF
57,660
Rentable SF
57,660
Price/Rentable SF
$78.04
Year Built
2004

Investment Highlights

  • Point Blank, Texas Two Property Self Storage Portfolio
  • Combined 57,660 Net Rentable Square Feet; 78 Climate-Controlled Units, 114 Non-Climate-Units, 15 Sign Spots, and 19 Open Parking Spots
  • Stabilized Portfolio - 84.12 Percent Combined Physical Occupancy
  • Each Facility has Excellent Street Visibility

Investment Overview

Marcus & Millichap is pleased to offer for sale The S&D Storage Two Property Portfolio located in Point Blank, Texas. These properties combine to feature 78 climate-controlled units, 114 non-climate units and 15 sign spots, and 19 open parking spots totaling 57,660 net rentable square feet. This is a stabilized and cash flowing portfolio that benefits from an affluent and growing surrounding population. The S&D Storage Two Property Portfolio combines to sits on 5.29 acres of land and is located about three miles apart from one another.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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