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:
- Property Type: Self Storage
- Transaction Amount: Not disclosed
- Address: 2935 Fm 521 Road
- Market: Fresno
- Square Footage: 129,493
- Units: 650
- Acres: 8.3
- Buyer: MyPlace Self Storage
- Brokers: Dave Knobler, Mixson Staffel, Adam Schlosser & Charles LeClaire - Marcus & Millichap
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
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