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:
- Property Type: Self Storage
- Transaction Amount: Not Disclosed
- Address: 13676 I-35 Frontage Road
- Market: Valley View
- Units: 451
- Square Footage: 175,254
- Acres: 12.5
- Seller: Ciera Bank
- Brokers: Danny Cunningham, Brandon Karr & Jon Danklefs - Marcus & Millichap
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
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