12821 Houston Rosslyn Rd 75 Houston, TX 77086-3161
This exceptional self-storage facility, Storage Inn, presents a compelling investment opportunity in Houston, Texas. Priced at $725,000, this property boasts 13,112 square feet across two buildings on a 0.57-acre lot. The facility comprises 140 units, currently exhibiting 75% unit occupancy and 67% economic occupancy, generating a current NOI of $29,614 and a pro-forma NOI of $62,372. Built in 1978, the property features concrete drives, gated keypad access, exterior lighting, perimeter fencing, and security features. The average unit size is 96 square feet, and the asking price equates to $55 per square foot. The property's strategic location in Northwest Houston, near major retailers like Chick-fil-A, McDonald's, and Starbucks, benefits from a strong demographic profile, with 322,525 people residing within a 5-mile radius and an average household income of $80,040. Its proximity to George Bush Intercontinental Airport (15.9 miles) and downtown Houston (17.3 miles) further enhances its appeal. The property includes 3 open parking spaces and the APN is 1128510000001. This well-positioned asset offers significant potential for increased profitability and strong returns. The address is 12821 N Houston Rosslyn Rd, Houston, TX 77086.
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Storage Inn Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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