CRD Realty is pleased to present Seguin Storage, a Class A, climate/non climate mini storage facility located in a fast growing city just outside of San Antonio, TX. As of 12/13/2021 there are 12,491 residential dwelling units that have been proposed, planned or are currently under construction around the city of Seguin. Seguin is also zoned, presenting an extra barrier to entry for any potential future competition.
The property sits on 4.99 acres with 2 +/- acres left for expansion after the completion of Phase 2 according to the owner. The property consists of 477 units built in 2 separate phases. Phase 1 consists of 275 units, while Phase 2, to be completed beginning January 2022, totals 202 units. Lease up to stabilization of Phase 1 took only 8 months after the property received its C/O in December of 2019! Demand for Class A storage is strong in this market.
The property also utilizes the latest access control technology with PDK keypads used throughout and Noke’ Smart Locks used in Phase 2. Management software used onsite is StorEdge.
Additionally, the 2,400 SF office is able to be rented out providing a possible boost to ancillary income.
This is an excellent opportunity to take advantage of a brand new, well positioned facility with strong lease up history. Do not miss out, contact us today.