Updated Sep 28, 2026
Marcus & Millichap Sells 454-Unit UpLift Self Storage Facility In Melissa Texas
1702 Fannin Road
Units
454
Asset Type
Self Storage
Closing
Sep 15, 2026
About this deal
AI
UpLift Self Storage is a 454-unit facility located at 1702 Fannin Road in Melissa, Texas. Constructed in 2021, the self-storage property consists of eight buildings and offers climate-controlled as well as drive-up units for its clients.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Undisclosed
- Units: 454
- Address: 1702 Fannin Road
- Market: Melissa, TX
- Brokers: Charles LeClaire & Dave Knobler - Marcus & Millichap
The sale was executed with the collaboration of Charles LeClaire and Dave Knobler, who represented Marcus & Millichap in the transaction. The specific buyer details were not disclosed as part of the deal documentation.
On the Map
Self Storage
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Melissa 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