Gessner Self Storage

Call for Offers | 57,050 NRSF | 609 Units | Houston, TX

Under Contract

INVESTMENT OVERVIEW

Gessner Self Storage is comprised of 57,050 NRSF across 609 units. Situated on 4 acres off South Gessner Road, the facility enjoys a high level of visibility, with an average of 23,996 vehicles passing by each day. The facility features a 90.31% physical occupancy and an 82.98% economic occupancy.

The facility has been meticulously maintained, exemplified by the replacement of all roofs just three years ago. This ensures that the property requires minimal capex improvements, offering a turnkey investment for the next owner.

Strategically located in the fourth-largest city in the country, the facility benefits from a sizable surrounding population, with approximately 195,239 residents residing within a 3-mile radius accompanied with a population growth rate of 0.11%.

INVESTMENT HIGHLIGHTS

  • Class B facility with a mix of traditional drive-up units, climate controlled units and parking.
  • Strong physical occupancy of 90.31%.
  • Population of 195,239 with a growth rate of 0.11% within a 3-Mile Radius.
  • 8.2 SF/Capita within a 3-Mile Radius.
  • Frontage on S Gessner Rd averaging 23,996 vehicles per day.

FACILITY SUMMARY

Property Name: Gessner Self Storage
Address: 10615 S Gessner Rd, Houston, TX 77071
County: Harris County
Land Size: 3.989 Acres
Total NRSF: 57,050 NRSF
Total Units: 609 Units
Physical Occupancy: 90.31%
Economic Occupancy: 82.98%
Building Count: 21 Buildings