Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Cove Harbor Storage in Rockport, Texas. This property totals 13,783 net rentable square feet situated on approximately 1.38 acres. The facility consists of 11 non-climate-controlled units ranging from 448 square feet to 1,250 square feet, many with 14-foot roll up doors, 12 covered parking spaces, 30 outdoor parking spaces and a tenant-occupied mobile home. Many of the enclosed units are equipped with electricity and interior lighting. The structures were built approximately in 2001, with the 3 bedroom/2 bath mobile home added the following year. The facility has perimeter fencing and is lighted for safety. The property currently has no website, Google Business page or other advertising. The property also does not have a site management system and does not take online payments from tenants, allowing an investor to benefit from repositioning and professionally managing the facility. The property is conveniently located at the intersection of West 9th Street and South Doughty Street, one mile away from the public boat ramp at Cove Harbor, making it an ideal storage location for fishing enthusiasts who want to enjoy the waters of Aransas Bay. 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 northeast of Corpus Christi, Texas. In addition to the tourist employees, education, healthcare, and energy/chemical manufacturing are major employers in the area. Since 2000, the population has increased by 8 percent and single-family housing has increased by 15.8 percent within a five-mile radius of the facility, providing additional storage demand from area businesses and tradespeople.