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33281885
33281884

2 Locations

Franklin Street Tampa
DP
FL FL 333662, FL NC Lic. # 333662
Franklin Street Tampa
LE
FL BK703476
Cushman & Wakefield - Tampa, Florida
Listed by Franklin Street Tampa, Cushman & Wakefield - Tampa, Florida
$5,000,000
1 day on market
Updated 1 day ago

StorWise Self-Storage

Details
APN 66198, 27261
Property Type Self Storage
Sub Type Self Storage
Square Footage 45,680
Net Rentable (SqFt) 45,680
Units 351
Occupancy 92%
Tenancy Single
Year Built 2001
Acreage 2.700
Investment Type Stabilized

Self Storage | 351 Units

Marketing description

The Cushman & Wakefield Self-Storage Advisory Group, in partnership with Franklin Street, has been retained to offer for sale StorWise Self Storage in Kerrville, Texas. Strategically positioned along US-27, a primary commercial corridor in the Texas Hill Country, the Property comprises 45,680 rentable square feet across 351 units. The facility offers a well-balanced mix of drive-up non-climate and climate-controlled storage units, ranging from 5'x10' to 10'x20', catering to a diverse customer base of both residential and commercial users within the Kerrville submarket.

As of April 30, 2026, the Property was 92.3% physically occupied by square footage, with approximately 42,020 of 45,680 rentable square feet leased across 320 occupied units. The facility has demonstrated strong operating performance, generating approximately $461,182 in trailing twelve-month effective gross income. Additional upside exists through the implementation of more sophisticated revenue management strategies and institutional-grade operating tools, which have not yet been deployed at the asset level.

Kerrville, the county seat of Kerr County, serves as the primary commercial and healthcare hub of the Texas Hill Country. The surrounding trade area is characterized by a stable and relatively affluent demographic profile, with a five-mile median household income of approximately $73,062. Demand is supported by a diverse mix of retirees, small business owners, and military-affiliated households. The region continues to experience steady population growth, increasing from 23,449 residents in 2020 to approximately 23,987 in 2024, with further growth projected through 2029. Kerrville's longstanding appeal as both a retirement destination and second-home market provides a durable and demand-resilient backdrop for long-term storage performance.

Investment highlights

  • Strong Physical Occupancy - 91.2% occupied as of April 30, 2026.
  • Attractive Unit Mix - 351 singe-story units ranging from 5x10 to 10x20 across drive-up and climate-controlled configurations.
  • In-Place Income - $461,182 in trailing twelve-month effective gross income.
  • Revenue Management Upside - Institutional pricing tools have not been deployed at the property level, presenting a clear path to EGI growth.
  • Affluent, Stable Trade Area - 5-mile median household income of $73,062 supported by retirees, small business owners, and military households.
  • Growing Submarket - 5-mile population increased from 23,449 in 2020 to 23,987 in 2024, with continued growth projected through 2029.

Listing Contacts

Franklin Street Tampa
DP
FL FL 333662, FL NC Lic. # 333662
Franklin Street Tampa
LE
FL BK703476
Cushman & Wakefield - Tampa, Florida
Listed by Franklin Street Tampa, Cushman & Wakefield - Tampa, Florida

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