Self-Storage Facility
Devon Self Storage_TX
8008 S Congress Ave, Austin, TX 78745
Listing Price: Request For Offer
Investment Overview
Devon Self Storage (Managed) 5 represents a geographically diverse, high quality self storage portfolio consisting of five facilities strategically positioned across major U.S. markets from Washington, D.C. to Chicago and extending through Oklahoma and Texas.
Devon Self Storage_TX
Investment Highlights
- Physical occupancy is currently around 80 percent, the portfolio offers substantial opportunity for a new operator to drive NOI through lease up and revenue management.
- Together, the assets comprise approximately 3,000 units and 360,000 rentable square feet, offering a balanced mix of climate controlled and non climate controlled units.
- All assets are located within top 50 U.S. MSAs—including Dallas–Fort Worth (ranked 4th), Chicago (ranked 3rd), and Washington, D.C. (ranked 8th) and Austin (ranked 28th).
Listing Price: Request For Offer
Investment Highlights
- Physical occupancy is currently around 80 percent, the portfolio offers substantial opportunity for a new operator to drive NOI through lease up and revenue management.
- Together, the assets comprise approximately 3,000 units and 360,000 rentable square feet, offering a balanced mix of climate controlled and non climate controlled units.
- All assets are located within top 50 U.S. MSAs—including Dallas–Fort Worth (ranked 4th), Chicago (ranked 3rd), and Washington, D.C. (ranked 8th) and Austin (ranked 28th).
Investment Overview
Devon Self Storage (Managed) 5 represents a geographically diverse, high quality self storage portfolio consisting of five facilities strategically positioned across major U.S. markets from Washington, D.C. to Chicago and extending through Oklahoma and Texas.
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