Preis Investments Inc Acquires Paradise Self Storage In Rockport, South Texas

Paradise Self Storage, a 113-unit facility located at 3990 State Highway 35 Bypass in Rockport, South Texas, has been sold. Spanning 23,800 net rentable square feet, this self-storage property was built in 1994. The transaction was brokered by Versal, with Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne representing the seller, Elkhorn River Investments LLC, and securing the buyer, Preis Investments Inc. from Corpus Christi.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: Not specified
• Square Footage: 23,800
• Number of Units: 113
• Address: 3990 State Highway 35 Bypass, Rockport, South Texas

The seller, Elkhorn River Investments LLC, was represented by Versal's brokers, Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne. On the other hand, Preis Investments Inc., based in Corpus Christi, was secured as the buyer by the Versal team.