Platinum Self Storage Portfolio

113,025 NRSF | 662 Units | Longview, TX

Call for Offers:

October 4, 5:00 PM

INVESTMENT OVERVIEW

Platinum Storage is a Class-A portfolio consisting of two properties with a total of 113,025 NRSF among 662 units. The Platinum Storage Estes Parkway facility features a physical occupancy rate of 87.9%, encompassing 77,625 NRSF. This location offers a blend of 410 traditional non-climate drive-up units and climate-controlled units. The Platinum Storage Marshall Avenue property is currently in its lease-up phase, with a 15% physical occupancy rate and has been open since the beginning of 2024.

Strategically situated in a densely populated area of Longview, this facility is located within a 3-mile radius that is home to 36,480 residents, with a growth rate of 0.19%. The Estes Parkway property benefits from its prime location adjacent to a newly constructed gas station and convenience store, which attracts over 25,000 vehicles daily, enhancing visibility and accessibility. Each facility offers room for potential expansion.

INVESTMENT HIGHLIGHTS

Class A facilities with a mix of traditional drive-up units and climate-controlled units.
Platinum Estes Pkwy presents a strong physical occupancy of 87.9%.
Platinum Marshall Ave is currently achieving an annualized $13.29 per foot during lease up.
1.9 average square feet per capita within a 3 miles radius.
An average of 38,576 vehicles pass both facilities each day.

FACILITY SUMMARY

Property Name:	Platinum Self Storage
Address:	4851 Estes Pkwy, Longview, TX 75603 2015 E Marshall Ave, Longview, TX 75601
County:	Gregg County
Land Size:	9.2 Acres
Total NRSF:	113,025 NRSF
Total Units:	662 UNITS
Physical Occupancy:	61.18%
Economic Occupancy:	54.63%
Building Count:	7 Buildings

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Platinum Self Storage Portfolio

Call for Offers:

October 4, 5:00 PM

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