Today it is rare to see a large, single story, drive up access facility, in a high traffic densely populated area. Affordable Self Storage Humble was originally constructed in 2005. The facility was approximately 95% occupied prior to the latest expansion of 67,000 sqft. in the Spring of 2017.
Today this facility is over 100,000 nrsf with a 50/50 ratio of climate and non-climate controlled units. In addition, there are many overhead-covered, drive up units, allowing tenants access regardless of weather conditions.
This property is defined by high quality of construction and ease of access. Replicating a facility of this size in any comparable location in Harris County would be incredibly difficult, if not impossible. Adhering to the present building codes alone would make similar construction economically unfeasible.
The tremendous upside comes in the form of lease up, along with professional marketing and management. This facility could immediately benefit from a stronger internet presence with online leasing, the use of an aggregator and google adwords. In addition, this property's layout is very well suited for Moving Vehicles and trailers.
Additional upside could be found in adding covered storage to the West side of the property. Cost of construction would be minimal due to existing concrete, and demand for that product is very high in this area. Affordable Self Storage is truly a unique investment opportunity, built with tenants in mind.