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28352533
28352529

7901 Hwy 290 E, Chappell Hill, TX 77426 For Sale

FP
#689513, TX
MLB Commercial Real Estate
Listed by MLB Commercial Real Estate
$3,200,000
243 days on market
Updated 91 days ago

Chappell Hill Family Storage

Details
Property Type Self Storage
Net Rentable (SqFt) 17,250
Units 160
Year Built 2017
Buildings 1
Stories 1
Acreage 28.000

Self Storage | 160 Units | $20,000/unit

Marketing description

Chappell Hill, Texas is famous for being a part of Stephen F. Austin’s original settlement colony. It is also a highly desirable second-home and ranch destination for wealthy folks from all over Texas. Built by one of Houston’s most respected car dealership owners, Chappell Hill Family Storage reflects the area’s historical architecture and the developer’s eye for finding the best site for a business. The facility’s quality and prominent location on Hwy 290 provide an enduring competitive edge. Hwy 290 is the key commuter corridor that connects Texas Hill Country towns with Houston and Austin. Accordingly, CH Family Storage maintains the highest occupancy and rental rates in the area. It will be the area’s best self-storage facility for many years to come as Chappell Hill proper and Washington County continue to grow.

With limited nearby competition, CH Family Storage offers single story climate-controlled units in a totally enclosed and secure environment. Sizes range from 25 to 300 square feet. The larger units appeal to many new residents and businesses who move into the surrounding area. The extra acreage adjacent to the facility will provide for future expansion as population growth continues. Chappell Hill Family Storage is a real gem. We encourage you to take a look!

Investment highlights

  • Best-in-class climate controlled stabilized facility
  • 17,250 SF storage | 160 units
  • Expansion land available
  • Within a supply-constrained market with limited direct competitors
  • High Rent PSF: $1.77
  • Avg HHI (5-miles): $124,540

Listing Contacts

FP
#689513, TX
MLB Commercial Real Estate
Listed by MLB Commercial Real Estate

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