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Self-Storage Facility

Storage Plus of Beaumont I & II Portfolio

7995 College St, Beaumont, TX 77707

Listing Price: $1,300,000

Number of Units
357
Occupancy
60.4%
Gross SF
40,355
Rentable SF
40,355
Price/Rentable SF
$32.21
Year Built
1970

Investment Overview

The Storage Plus of Beaumont Portfolio includes two self-storage facilities located
approximately 6.5 miles from one another in Beaumont, TX which is 75 miles east of
Houston. The properties sit on a combined +/- 3.91 acres of land and have 15 singlestory
buildings consisting of 355 total units and a combined 40,355 NRSF. There are
three outdoor parking spaces and one 840 square foot warehouse unit included in the
unit mix. The facilities have numerous amenities including but not limited to video
surveillance, gated entries with digital keycode access, roll-up doors, concrete
driveways, and a full-service onsite manager’s office at each location.

Investment Highlights

  • OPERATIONAL EFFICIENCY AND SHARED MANAGEMENT POTENTIAL // The two well-located facilities are approximately 6.5 miles apart.
  • LOW COST BASIS // The properties are being offered at a combined $32 per NRSF. Achieved rents are about 60 percent of what REIT-managed facilities are realizing in the market.
  • BEAUMONT, THE HUB CITY OF THE GOLDEN TRIANGLE // The facilities are close to the Port of Beaumont which is one of the largest ports in the United States along with downtown Beaumont.

Exclusively Listed By

Financing By

Self-Storage Facility

Storage Plus of Beaumont I & II Portfolio

Listing Price: $1,300,000

Number of Units
357
Occupancy
60.4%
Gross SF
40,355
Rentable SF
40,355
Price/Rentable SF
$32.21
Year Built
1970

Investment Highlights

  • OPERATIONAL EFFICIENCY AND SHARED MANAGEMENT POTENTIAL // The two well-located facilities are approximately 6.5 miles apart.
  • LOW COST BASIS // The properties are being offered at a combined $32 per NRSF. Achieved rents are about 60 percent of what REIT-managed facilities are realizing in the market.
  • BEAUMONT, THE HUB CITY OF THE GOLDEN TRIANGLE // The facilities are close to the Port of Beaumont which is one of the largest ports in the United States along with downtown Beaumont.

Investment Overview

The Storage Plus of Beaumont Portfolio includes two self-storage facilities located approximately 6.5 miles from one another in Beaumont, TX which is 75 miles east of Houston. The properties sit on a combined +/- 3.91 acres of land and have 15 singlestory buildings consisting of 355 total units and a combined 40,355 NRSF. There are three outdoor parking spaces and one 840 square foot warehouse unit included in the unit mix. The facilities have numerous amenities including but not limited to video surveillance, gated entries with digital keycode access, roll-up doors, concrete driveways, and a full-service onsite manager’s office at each location.

Exclusively Listed By

Financing By

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