Marcus & Millichap Sells 307-Unit Self Storage Facility In Conroe Texas

The property asset involved in this transaction is a self-storage facility located at 17944 TX-242, Conroe, TX. The facility comprises 307 units and was built in 2021 on a 12-acre site. It features a total of 71,520 net rentable square feet, including climate-controlled, non-climate-controlled, and RV/boat storage options.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: Undisclosed
• Units: 307
• Address: 17944 TX-242
• Market: Conroe
• Asset Size: 71,520 NRSF

The deal was represented by brokers Dave Knobler, Mixson Staffel, and Charles (Chico) LeClaire from Marcus & Millichap. The buyer of the facility remains undisclosed, highlighting confidentiality in the transaction process.