Bobby Loeffler and Tyler Skelly of The Loeffler Self-Storage Group, Inc. (LS-SG.com) recently sold Stow Away Mini-Warehouse located in Houston, TX, to a national storage investor. The seller was a local operator who owned and developed the property which was originally built in the early 1970s.
The 60,460 net rentable square-foot facility offers 455 units, 82% of which were occupied at the time of sale. Stow Away Mini-Warehouse is located at 5512 South Willow Drive and features all drive-up units with 37 open parking stalls. The property also includes 24-hour surveillance cameras and an onsite residence. Various moving supplies are offered for sale in the leasing office.
The self storage facility is situated on 4.17 acres and is located roughly thirteen miles southwest of Downtown Houston. The asset has easy access to US-90 ALT and is eight miles south of I-610 and serves the greater Westbury community.