9595 Us-69 Port Arthur, TX 77640
This exceptional self-storage portfolio comprises two adjacent properties totaling 1,075 units situated on a 4.25-acre lot at 9595 & 9999 US-69 in Port Arthur, Texas. Built in 1996 and 2008, the nine buildings boast 127,801 net rentable square feet (NRSF), with a significant 75% dedicated to climate-controlled units. The properties benefit from high visibility due to their US-69 frontage and are strategically located near a major refinery, employing 1,500 people, and within a 5-mile radius of a population of 99,929, boasting an average household income of $82,335. Currently operating at 93% physical occupancy and 110% economic occupancy, this portfolio presents a compelling investment opportunity. Features include steel and metal construction, concrete drives, gated keypad access, exterior lighting, perimeter fencing, on-site offices, and 8 parking spaces. The properties are conveniently located 14.9 miles from Beaumont, Texas, and within a densely populated area with strong demand for self-storage solutions. The average unit size is 120 NRSF, with climate-controlled units averaging 182 NRSF and non-climate-controlled units averaging 111 NRSF. The properties are served by APN numbers 139504 & 139492.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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