Brandon Karr & Danny Cunningham Of Marcus & Millichap Close Sale Of Lorena Mini Storage Self Storage In Texas
Texas
See Similar DealsBrandon Karr & Danny Cunningham Of Marcus & Millichap Close Sale Of Lorena Mini Storage Self Storage In Texas
1530 North Houston Street
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The Lorena Mini Storage is a self-storage facility located at 1530 North Houston Street in Lorena, Texas. The property spans 22,794 rentable square feet and was recently sold in a transaction facilitated by Brandon Karr and Danny Cunningham of Marcus & Millichap.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Market: Lorena
- Brokers: Brandon Karr & Danny Cunningham - Marcus & Millichap
- Seller: Dallas-Fort Worth based private investor
- Buyer: Waco, TX based commercial real estate investment group
Danny Cunningham and Brandon Karr, representing the seller and securing the buyer, successfully closed the deal for Lorena Mini Storage. The property's listing success within a larger portfolio, coupled with its current income stream and future potential, garnered significant buyer interest, resulting in a seamless escrow process and closure at the agreed-upon sales price.
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