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13676 I-35 Frontage Road

Ciera Bank Sells A-Affordable Boat & RV Storage In Valley View For 175254 Square Feet
SOLDSelf Storage

Ciera Bank Sells A-Affordable Boat & RV Storage In Valley View For 175254 Square Feet

13676 I-35 Frontage Road

Building Size

175,254 SF

Asset Type

Self Storage

Closing

Feb 23, 2026

AI

The property involved in this transaction is A-Affordable Boat & RV Storage, a self-storage facility located at 13676 I-35 Frontage Road in Valley View. The asset comprises 451 storage units and encompasses a total of 175,254 net rentable square feet on 12.5 acres. Built in 2023, this facility was sold by the foreclosing lender, Ciera Bank.

Summary of transaction details:

The brokers involved in the transaction, Danny Cunningham, Brandon Karr, and Jon Danklefs, are associated with Marcus & Millichap. They represented the seller, Ciera Bank, during the sale of the property. The buyer's identity has not been disclosed.

Players

Brandon Karr

Marcus & Millichap

Broker

$7M

vol

49 deals

Broker
Ciera Bank
Ciera BankSeller

Valley View 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