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33494281
33494278

4475 S CHADBOURNE, SAN ANGELO, TX 76904

SS
FL SL3426060
SkyView Advisors
Listed by SkyView Advisors
Unpriced
0 days on market
Updated 0 days ago

San Angelo Self Storage

Details
APN R71629
Property Type Self Storage
Square Footage 44,500
Units 351
Year Built 1984
Year Renovated 2025
Buildings 5
Acreage 5.240
Zoning Industrial

New Offering: San Angelo, TX | 44,500 NRSF | Self Storage

Marketing description

• A premier opportunity to drive rapid revenue expansion by leasing up two brand-new climate-controlled buildings strategically situated directly next to Goodfellow AFB

• The facility’s foundational drive-up units have already proven local product demand, currently exceeding 80% physical and economic occupancy

• Capitalize on a highly insulated trade area with an absolute absence of new storage competition under development within a 5-mile radius

• The property is strategically positioned to benefit from the “Ports-to-Plains” Initiative I-27 Corridor Project, and the property’s immediate market area boasts a 5-year median income growth rate trending more than 2 percentage points higher than the national average

Investment highlights

San Angelo Self Storage is a uniquely positioned self-storage facility in San Angelo, TX, offering 44,500 SF of rentable space across 351 total storage units. Located at 4475 S Chadbourne St, the property is an industrial-zoned asset built between 1984 and 2025. Strategically operated as a lease-up expansion deal, the property currently maintains a 36% physical occupancy by area and a 21% economic occupancy. This provides an incoming investor with immediate, highly stabilized baseline cash flow from existing structures alongside massive, un-tapped upside potential through the absorption of newly built capacity. The surrounding 5-mile radius features a 2025 population of 75,635 and a median household income of $55,665. Demographics within the immediate 1-to-5-mile trade area are robust, featuring a projected 5-year median income growth rate that outpaces the national average by over 2 percentage points. Current street rates sit below stabilized market projections, with a clear path to grow the current ask rate of $1.02/SF to a stabilized ask rate of $1.15/SF (a 13.2% rate growth optimization). Combined with professional revenue management tools, optimization of administrative and late fee structures, and expanding tenant insurance penetration, the asset represents a rare opportunity to acquire a strategic expansion play poised to capture San Angelo’s highly favorable economic trajectory.

Listing Contacts

SS
FL SL3426060
SkyView Advisors
Listed by SkyView Advisors

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Additional Information

Name
David Montalvo
License
TX 9014373
Brokerage
SkyView Advisors, LLC
Title
Broker of Record
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