Overview
This is an exclusive opportunity to acquire Wild Horse Storage, a 47,033 NRSF facility with 494 units. Wild Horse Storage offers a plethora of different unit sizes to fit a variety of different client needs.
Property Details
Highlights
Value-Add Lease-Up Opportunity: The facilities are currently 76.7% occupied, offering upside as they stabilize toward market occupancy levels.
Rental Rate Upside Opportunity: Asking rents remain approximately 25% below competing street rates, supporting stable in-place cash flow with upside through targeted rate adjustments.
Diverse Unit Mix Across Two Sites: The properties include 47,033 NRSF across 494 units at two locations approximately 3.7 miles apart, serving a broad tenant base.
Limited New Supply: The immediate 5-mile trade area has experienced approximately 4.7% population growth with no new self-storage facilities delivered.
Strong Local Demand Drivers: Proximity to Sam Houston State University and regional employers supports consistent storage demand.
Rental Rate Upside Opportunity: Asking rents remain approximately 25% below competing street rates, supporting stable in-place cash flow with upside through targeted rate adjustments.
Diverse Unit Mix Across Two Sites: The properties include 47,033 NRSF across 494 units at two locations approximately 3.7 miles apart, serving a broad tenant base.
Limited New Supply: The immediate 5-mile trade area has experienced approximately 4.7% population growth with no new self-storage facilities delivered.
Strong Local Demand Drivers: Proximity to Sam Houston State University and regional employers supports consistent storage demand.
Location
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No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.