5919 50th Street Lubbock, TX 79424

Building Details

Year Built

1983

Listing Agency Lindsey Self Storage

Listed by Matthew Rosendale · License #SC 130383

Source Crexi

Added: May 19 Checked: Jul 17 at 6:04 am

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Investment Insights

Based on property information with market context.

This offering features a two-property self-storage portfolio situated in the West Texas markets of Odessa and Lubbock. The portfolio includes assumable in-place financing. Presto Self Storage, located in Odessa, comprises approximately 47,916 net rentable square feet. Brad’s Self Storage, located in Lubbock at 5919 50th Street, spans approximately 53,340 net rentable square feet across 315 units. The Lubbock facility has recently implemented dedicated boots-on-the-ground management, which is expected to improve day-to-day operations, leasing activity, customer service, and overall performance. Both properties benefit from established locations within stable West Texas markets supported by consistent demand drivers, population stability, and regional economic activity. The portfolio presents an investment opportunity with immediate scale and long-term growth potential.

Key Highlights

• Assumable in‑place financing offers favorable loan terms and reduced acquisition costs.
• Portfolio includes two self‑storage properties in the strong West Texas markets of Odessa and Lubbock.
• Over 100,000 net rentable square feet combined.

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FAQs

What type of property is this?

Self storage facility - Two-property self-storage portfolio in Odessa and Lubbock, Texas.

Where is this self storage facility located?

The property is located at 5919 50th Street Lubbock, TX.

What is the asking price?

The asking price for this property is $4,750,000.

What are key features of this property?

This property features: Assumable in‑place financing offers favorable loan terms and reduced acquisition costs.; Portfolio includes two self‑storage properties in the strong West Texas markets of Odessa and Lubbock.; Over 100,000 net rentable square feet combined.