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Multifamily Property with Self Storage
For Sale
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309 E Houston St, Dayton, TX 77535

Includes 42 self-storage units and a convenient, yet quiet central location, with multifamily updates under new management.

Property SizeContact for details
Days on Market147

Property Features for 309 E Houston St

General Information

Standard status Active
Property subtype Multifamily

Building Details

Tenancy Multi
Listing Agency: Shaw Real Estate
Listed By: Jay Shaw · License #TX 0585937
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shaw Real Estate

Investment Insights

Based on property information with market context.

This multifamily property has had new management since February 2020 and has completed multiple capital improvements intended to raise rents and improve occupancy. The seller also notes strong rent growth and high occupancy despite COVID. The property is described as offering value-add opportunities through completing additional premium upgrades, rent increases, and RUBS for water, with eight units already on RUBS.

The remarks further indicate a growth trend in the submarket and cite the construction of nearby Grand Parkway. The property is also described as having a convenient, yet quiet central location.

In addition to the residential component, the property includes 42 self-storage units, which may support a diversified on-site income stream.

Key Highlights

  • 42 self‑storage units in a convenient central location described as quiet
  • Multifamily updates completed under new management starting Feb. 2020
  • Capital improvements completed to raise rents and improve occupancy

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Kitchen & Bath Showroom Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Demographics for 77535, TX

36,494
Population
12,037
Households
3
Avg Household Size
37
Median Age
14%
College-Educated
82%
High-School Grad
308.8 sq mi
ZIP Area
118
Density / Sq Mi
$81,407
Median Household Income
$46,008
Median Earnings
$1,075
Median Rent
$217,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Includes 42 self-storage units and a convenient, yet quiet central location, with multifamily updates under new management.
Where is this apartment building located?
The property is located at 309 E Houston St Dayton, TX.
What are key features of this property?
This property features: 42 self‑storage units in a convenient central location described as quiet; Multifamily updates completed under new management starting Feb. 2020; Capital improvements completed to raise rents and improve occupancy
More about this property
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