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Self-Storage Facility

Action Self Storage

1624 Morgan Blvd, Harlingen, TX 78550

Listing Price: $3,000,000

Cap Rate
6.03%
Number of Units
371
Occupancy
89.9%
Gross SF
50,740
Rentable SF
50,740
Price/Rentable SF
$59.12
Year Built
1984

Investment Overview

Marcus and Millichap is pleased to offer the sale of Action Self Storage in Harlingen, TX. This investment includes 371 non climate units totaling 50,740 NRSF. This value add opportunity has upside through revenue Managment and expansion.

Investment Highlights

  • 8.82 SF Per Person (3 Mile Saturation)
  • Ability to Expand
  • 7,996 VPD
  • Located in Opportunity Zone
  • 47% Renter Occupied Households
  • $40,432 Median HH Income

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Self-Storage Facility

Action Self Storage

Listing Price: $3,000,000

Cap Rate
6.03%
Number of Units
371
Occupancy
89.9%
Gross SF
50,740
Rentable SF
50,740
Price/Rentable SF
$59.12
Year Built
1984

Investment Highlights

  • 8.82 SF Per Person (3 Mile Saturation)
  • Ability to Expand
  • 7,996 VPD
  • Located in Opportunity Zone
  • 47% Renter Occupied Households
  • $40,432 Median HH Income

Investment Overview

Marcus and Millichap is pleased to offer the sale of Action Self Storage in Harlingen, TX. This investment includes 371 non climate units totaling 50,740 NRSF. This value add opportunity has upside through revenue Managment and expansion.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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