Wholesale opportunity - 47K NRSF | 300+ units
Looking at potentially assigning a storage opportunity due to a shift in capital allocation.
-47K NRSF | 300+ units $1.59M ($34/SF) — well below replacement cost
-Strong TX tertiary market with 125K population and growing, supported by a large military base
  • Large gap between in-place and market rents
  • Closest competitor is fully occupied
  • No marketing presence / no online rentals
This is a value add with a healthy upside
Stabilized potential: ~$260K NOI ($4M value @ market cap)
If this fits your buy box, text me at 720-792-5454 and we can coordinate a time to talk through details.
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Jake Marsh
2
Wholesale opportunity - 47K NRSF | 300+ units
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