Sierra Ranch Storage is a 15,125 net rentable square foot self-storage facility located in Houston, Texas. The property sits on approximately 0.48 acres of land and consists of 179 units all of which are climatized. The facility is 1 two story building and was constructed in 2017.
With its new construction its not surprising that Sierra Ranch Storage offers several state-of-the-art amenities typically found in class A self-storage facilities.
Individualized security pass-code access, video surveillance throughout the property, a self-service kiosk, remote door locks, and door alarms are some of a handful of the
features the facility provides.
Sierra Ranch Storage is nestled amongst several new single-family residential developments in a growing area of east Houston. There are currently around 45,000 people
living within 3 miles of the property and continued growth is on the horizon as Sierra Ranch Storage sits in zip code 77044, the fastest growing zip code in Greater
Houston. Highlighting the growth is the development of Generation Park, a massive 4,000-acre master planned community that is a few miles to the north.
While Sierra Ranch Storage is around 85 percent physically occupied after a year of being open, an investor can capture upside by burning off concessions and increasing
economic occupancy. One significant factor that should aid in the stability of the asset is that there isn’t a competing facility offering climate control storage within
approximately 3.5 miles.
