Dave Benson Of Morningstar Properties Acquires 693-Unit Self Storage Facility In Bryan Texas
1079 North Earl Rudder Freeway
Building Size
91,150 SF
Asset Type
Self Storage
Closing
Jan 12, 2026
AI
A 693-unit self-storage facility was sold in Bryan, Texas, located at 1079 North Earl Rudder Freeway. The total size of the asset is 91,150 square feet, part of a family-owned portfolio of properties.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Address: 1079 North Earl Rudder Freeway
- Market: Bryan
- Units: 693
- Square Footage: 91,150
- Buyer: Dave Benson - Morningstar Properties
- Seller Representative: Versal
Dave Benson represented Morningstar Properties, the buyer based in North Carolina. Versal arranged the sale and represented the seller in this transaction, ensuring the deal was successfully completed.
Players
Bryan Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93