facebook
Traded Co logo
Submit

Andover Properties Acquires Self Storage Facility In Corpus Christi For $Undisclosed

Property Image
SOLD

Texas

See Similar Deals
40,948 SF
Sold 08/13/2021
the dealplayerscompscontact
Property Image
SOLD

Andover Properties Acquires Self Storage Facility In Corpus Christi For $Undisclosed

2902 South Padre Island Drive, Corpus Christi, TX, USA

See Similar Deals
40,948 SF
Sold 08/13/2021
Contact now

Summary

TEXAS
Price Per Square Foot:$0
Total Square Footage:40,948 SF
Transaction Type:Sale

Andover Properties has acquired a self storage property located at 2902 South Padre Island Drive in Corpus Christi. The transaction, facilitated by Bellomy & Co., was finalized on August 13, 2021. The property spans a total of 40,948 square feet and consists of 300 units.

Summary of transaction details

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Address: 2902 South Padre Island Drive
  • Market: Corpus Christi
  • Square Footage: 40,948
  • Total Units: 300

The seller of the property, Divisidero Property LLC, successfully closed the deal with Andover Properties. The transaction was facilitated by Bill Bellomy and Michael Johnson from Bellomy & Co.

Players

Bill Bellomy
26 deals$19.5M volume
BROKER

Andover Properties
BUYER

Details

SOLD
IMAGE: Bill Bellomy & Michael Johnson DATE: 08/13/2021 ADDRESS: 2902 South Padre Island Drive MARKET: Corpus Christi ASSET TYPE: Self Storage SF: 40,948 UNITS: 300 SELLER: Divisidero Property LLC BUYER: Andover Properties BROKERS: Bill Bellomy & Michael Johnson - Bellomy & Co.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00