EZ Werks Self-Storage – Cypress, TX

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Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

  • Opportunity to Lease-Up a Brand New Class-A Facility that Showcases the Future of Self Storage With this Fully Mechanized Asset
  • Ability to Raise Rates by 22 Percent to Reach Market Levels
  • Incredibly Low Operating Costs as Facility is Fully Automated With No On-Site Manager
  • Remote Access Allows Tenants to Use an App as their Key, Sign Leases and Submit Payments
  • Local HOA Restricts Boat & RV Parking Parking on Properties Greatly Increasing Demand for Both Boat & RV Storage Spaces
  • Above Average Median Household Income of $98,000 in a One-Mile Radius is Well Above the National Average
  • Very Strong Population Growth of 1.86 Percent in Five Miles of Neighborhoods Around the Facility
  • Dense Market With Over 325,000 People Within Five Miles

Address

17891 Longenbaugh Rd, Cypress, TX, 77433

Price

TBD by Market

Pro Forma NOI

$743,265

Net Rentable Square Feet
83,000 NRSF
Lot Size

3.15

Unit Count
459
Year Built
2022
Status

Active

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