Updated Sep 14, 2026
Marcus & Millichap Brokers Sale Of 382-Unit Self Storage Facility In Lake Jackson Texas
1819 Brazoria Road
Building Size
44,178 SF
Asset Type
Self Storage
Closing
Sep 10, 2026
About this deal
AI
The property involved in the transaction is Brazos E-Z Storage, a self-storage facility located at 1819 Texas 332 in Lake Jackson, TX. This asset consists of 382 units with a total net rentable square footage of 44,178, situated on 3.4 acres.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Square Footage: 44,178
- Units: 382
- Acres: 3.4
- Date: 09/10/2026
- Market: Lake Jackson, TX
The transaction was facilitated by brokers Dave Knobler, Charles LeClaire, Adam Schlosser, and Mixson Staffel, all of whom are affiliated with Marcus & Millichap. They represented the Houston-based seller and procured an anonymous Michigan-based buyer for the self-storage facility.
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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