13842 Stafford RdStafford, TX 77477

For Sale
Call for price

High-Occupancy, Stabilized Self Storage Facility in Houston, TX

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional self-storage investment opportunity presents a fully stabilized, fee-simple facility located at 13842 Stafford Rd, Stafford, TX 77477, in Fort Bend County. The property, known as Store It - Stafford, boasts 32,255 net rentable square feet across 263 units within seven single-story buildings on a 1.62-acre lot (APN: 0117-00-000-4603-910). Built in 1996, the facility currently enjoys a 95% occupancy rate, demonstrating strong market demand. The property benefits from a robust local market, with a population density exceeding 358,315 within a five-mile radius and a median household income above the national average ($75,734) within a three-mile radius. Further enhancing its investment appeal, there are no new, planned, or prospective self-storage developments within a five-mile radius. This presents a significant opportunity for growth, with potential to increase rates by over 50% to align with current market values. This is a rare chance to acquire a high-performing asset in a prime Houston location with significant upside potential. All site visits must be scheduled in advance.

Highlights

  • Acquire a fully stabilized Houston, TX self-storage facility.
  • High population density: 358,315 within a five-mile radius.
  • 94% occupancy with significant rental rate upside potential.
  • Median household income exceeds national average ($75,734) within three miles.
  • No competing self-storage developments planned within five miles.

Property Details for 13842 Stafford Rd

Property type
Self storage facilities, Industrial properties
Year Built
1996
Buildings
7
Stories
1
Lot Size (sq. ft)
70,567 SF
Units
263

Location Insight

City
Stafford
County
Fort Bend
State
Texas
Latitude
29.6205803
Longitude
-95.5556574
13842 Stafford Rd, Stafford, Texas

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13842 Stafford Rd
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