https://versalpartners.com/properties/lone-star-storage-center-portfolio/
Lone Star Storage Center – Katy is located in Katy, Texas (Houston MSA). This is a rare opportunity to acquire a class “A”, family-owned and operated facility in an institutional-quality market. The property has never been listed for sale until now.
The property features 361 non-climate and 277 climate-controlled units for a total of 83,725 NRSF. It also includes 9 uncovered parking spaces. The facility has a physical occupancy of 82% and an economic occupancy of 66%. The average unit size is 131 NRSF.
The facility is well located, with 340,691 people living within 5 miles and an average household income of $110,086. NRSF per capita within 3 miles is 7.13 NRSF. It is 1.6 miles from Grand Parkway Toll Road and only 2.2 miles from major retailers, including Walmart, Kroger, and Aldi. Access to I-10 is 3.1 miles away.
Construction highlights include concrete drives, metal and steel construction, gated keypad access, exterior lighting, perimeter fencing, security cameras, and an on-site office.
Lone Star Storage Center – Katy is being offered for sale individually or as part of a portfolio. Contact Versal for pricing guidance.