Listings

Von Ormy, TX - (San Antonio MSA)

The Somerset Development site is a 6.7-acre parcel of land near the intersection of Somerset and Fischer Rd. in Southwest San Antonio, TX. The property is currently Zoned “C2” which allows for self storage development. The current owners have begun the planning process to develop 75,540 gross square feet and 63,325 rentable square feet of climate and non-climate storage.

Currently, there is little supply in this immediate area to accommodate the rapid growth of single family and multi-family housing that has occurred. Rental rate projections for this site based on other like-kind properties in the Greater San Antonio market are a blended $1.47 per square foot.

This is a great opportunity for a developer to set the market in the area and capture the demand created as the area continues to develop.

(The property is located in the City of San Antonio, however, the postal zip code is for the town of Von Ormy.)

Texarkana, TX

The U-Store-It Texarakana Portfolio is comprised of two drive-up self storage properties located at 3107 S. Lake Drive and 1808 St. Michael (Hampton) Drive in Texarkana, TX. The properties combine for a total of 47,730 rentable square feet and have 366 total units. All of the units are drive up, non-climate controlled. Both properties have an on-site manager’s office and great visibility in each respective location.

The locations are both in the mid-70s percent occupancy range allowing for the new owner to capitalize on increasing both physical and economic occupancies.

Clyde, TX

CLS Self Storage is a 54,150 square foot storage portfolio located in the Clyde, TX submarket, due east of Abilene, TX. Consisting of 414 non-climate-controlled units, being 97% unit occupied, the locations have excellent exposure off a main artery within Clyde, FM 18, as well as off Interstate 20. CLS Self Storage is positioned as one of the top facilities in the submarket and continues to maintain a high unit occupancy with little advertising. This property is an ideal opportunity for a value-add buyer with the ability to grow current economic occupancy with an aim to grow rents within the submarket.

Denison, TX

Keep It Safe Mini Storage is located at 4135 N Parkdale Lane in Denison, TX. Denison is a growing part of Grayson County which is in North Texas approximately 75 miles North of Dallas. The Keep It Safe Mini Storage is a fenced and gated property.

The property sits on 2.237 acres located in the County, not in the City of Denison. The current rent roll includes 111 total units and 14,160 rentable square feet.

The property can continue be expanded at the front or rear on the vacant land included in the sale. The owner has already completed significant site work allowing the next owner to quickly and cost effectively expand the property at the front and rear of the property.