

Brad's and Presto Self Storage
About This Property
Marketing description
This offering presents a two-property self-storage portfolio located in the strong West Texas markets of Odessa and Lubbock. The portfolio includes assumable in-place financing, providing investors with the potential benefit of favorable loan terms, reduced acquisition costs, and a more streamlined transaction process.
Presto Self Storage, located in Odessa, comprises approximately 47,916 net rentable square feet and serves a growing and resilient local customer base. Brad’s Self Storage, located in Lubbock, spans approximately 53,340 net rentable square feet across 315 units. The facility has recently implemented dedicated boots-on-the-ground management, which is expected to significantly improve day-to-day operations, leasing activity, customer service, and overall performance. This operational enhancement
creates a clear opportunity for investors to unlock additional value through improved
management efficiencies and increased occupancy.
Both properties benefit from established locations within stable West Texas markets supported by consistent demand drivers, population stability, and regional economic activity. Combined with the operational upside and assumable financing, this portfolio presents a compelling investment opportunity with immediate scale and long-term growth potential.
Investment highlights
PURCHASE PRICE: $4,750,000
The Portfolio Includes Assumable In-Place Financing
101,256 NRSF of Storage/Covered Parking/Office/Warehouse Across Six Locations
80,255 Traditional Drive Up NRSF Across 524 Units
Significant Management Upside
56% Total Unit Occupancy
Strong Demand Driven by 40,000+ Texas Tech Students and Dense Multifamily Housing
5601 N Dixie BLVD and 1900 FM 1936 Odessa, TX
5919 50th St., 5930 50th St, 5925 50th St., and 7304 Upland Ave. Lubbock, TX
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