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2935 Fm 521

MyPlace Self Storage Acquires 650-Unit Self Storage Facility In Fresno For $X.XXM
SOLDSelf Storage

MyPlace Self Storage Acquires 650-Unit Self Storage Facility In Fresno For $X.XXM

2935 Fm 521

Building Size

129,493 SF

Asset Type

Self Storage

Closing

Apr 21, 2026

AI

The property involved in the transaction is a self-storage facility located at 2935 Fm 521 Road in Fresno, Texas. The asset spans 129,493 square feet and consists of 650 units, situated on an 8.3-acre site. This facility includes a combination of climate-controlled units, outdoor parking, and office space and was built in 2005.

Summary of transaction details:

Marcus & Millichap represented a Texas-based LLC in the transaction involving the acquisition of GuardBox Storage, highlighting their role in facilitating this deal. The brokers engaged in this transaction were Dave Knobler, Mixson Staffel, Adam Schlosser, and Charles LeClaire.

Players

Dave Knobler

Marcus & Millichap

Broker

$16.1M

vol

36 deals

Broker
MS
MyPlace Self StorageBuyer

Fresno 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