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4125 Brett St - Corpus Christi Storage Portfolio 123,950 SF Specialty Building Offered at $6,800,000 in Corpus Christi, TX 78411
Investment Highlights
- $6,800,000 ($55/NRSF)
- Family Owned & Operated
- 869 Units, 123,950 NRSF
- 3-Property Portfolio
- Significant Management Upside
- 78% Occupancy
Executive Summary
https://versalpartners.com/properties/corpus-christi-storage-portfolio/
The Corpus Christi Storage Portfolio is a 3-property portfolio located at 4066 Crosstown Expy, 4125 Brett St, and 3817 Wow Rd in Corpus Christi, TX. The properties
are conveniently located within a short drive of each other near the center of Corpus Christi.
The properties have been family owned and operated since they were developed in the 1980’s and 1990’s. The family does not utilize any sophisticated management
practices, does minimal advertising, and has not managed rental rates or occupancy. This portfolio presents an excellent opportunity for a new owner to increase revenue through improved management practices.
The portfolio consists of 62 climate-controlled units and 807 non-climate-controlled units totaling 123,950 NRSF.
The average unit size is 143 NRSF, and the portfolio is currently 78% occupied. The properties are all well located in the core of Corpus Christi. Major retailers like The Home Depot, McDonald’s, H-E-B, and Walmart are all within a short distance. Also nearby is Texas A&M Corpus Christi (10,700 student population) and Naval Air Station Corpus Christi.
Downtown Corpus Christi is only 3.5 miles away from the Crosstown Mini Storage facility. A 5-mile radius around the properties includes an average population of 191,828 with an average household income of $85,331.
Construction highlights include metal and steel construction, asphalt drives, on-site offices and apartments, perimeter fencing, and security features.
The Corpus Christi Storage Portfolio is being listed for sale at $6,800,000 ($55/NRSF).
The Corpus Christi Storage Portfolio is a 3-property portfolio located at 4066 Crosstown Expy, 4125 Brett St, and 3817 Wow Rd in Corpus Christi, TX. The properties
are conveniently located within a short drive of each other near the center of Corpus Christi.
The properties have been family owned and operated since they were developed in the 1980’s and 1990’s. The family does not utilize any sophisticated management
practices, does minimal advertising, and has not managed rental rates or occupancy. This portfolio presents an excellent opportunity for a new owner to increase revenue through improved management practices.
The portfolio consists of 62 climate-controlled units and 807 non-climate-controlled units totaling 123,950 NRSF.
The average unit size is 143 NRSF, and the portfolio is currently 78% occupied. The properties are all well located in the core of Corpus Christi. Major retailers like The Home Depot, McDonald’s, H-E-B, and Walmart are all within a short distance. Also nearby is Texas A&M Corpus Christi (10,700 student population) and Naval Air Station Corpus Christi.
Downtown Corpus Christi is only 3.5 miles away from the Crosstown Mini Storage facility. A 5-mile radius around the properties includes an average population of 191,828 with an average household income of $85,331.
Construction highlights include metal and steel construction, asphalt drives, on-site offices and apartments, perimeter fencing, and security features.
The Corpus Christi Storage Portfolio is being listed for sale at $6,800,000 ($55/NRSF).
Property Facts
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 187191 | Improvements Assessment | $2,290,933 |
| Land Assessment | $371,457 | Total Assessment | $2,662,390 |
Property Taxes
Parcel Number
187191
Land Assessment
$371,457
Improvements Assessment
$2,290,933
Total Assessment
$2,662,390
Contacts
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Bill Bellomy -
Logan Foster -
Michael Johnson -
Hugh Horne -
Trishia Lacambra -
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4125 Brett St - Corpus Christi Storage Portfolio
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