Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Affordable Mini Storage in Rockport, Texas. Consisting of 6,310 net rentable square feet, the facility maintains 63 non-climate controlled units ranging from 120 square feet to 200 square feet. Affordable Mini Storage resides on approximately 0.42 acres and includes 3 buildings. The facility has electronic gate access, perimeter fencing and lighted for safety. The subject sustains physical occupancies of 88.5 percent, allowing an investor to benefit from rental rate growth across multiple unit types and sizes. Ancillary billboard income is an additional revenue stream for this property. The subject property is conveniently located at the intersection of Market Street and Texas Highway 35 Frontage Road in Rockport, Texas. The subject property offers excellent visibility to Texas Highway 35, which witnesses an average daily traffic county of 12,983. Texas Highway 35 is the main highway to Corpus Christi, Texas from Rockport, Texas. Rockport, Texas is the county seat for Aransas County, as well as a charming coastal community that is a popular vacation destination for coastal fishing and art enthusiasts. Rockport is nestled in the Coastal Bend area and located 30 miles from Corpus Christi, Texas. In addition to the tourist employers, education, healthcare and energy/chemical manufacturing are major employers in the area. Since 2000, the population has increased by 10 percent and single-family housing has increased by 17 percent within a five-mile radius of the facility.