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3990 State Highway 35 Bypass
SOLD

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

3990 State Highway 35 Bypass

Self Storage
23,800 SF
clock iconSold 157 days ago
Logan Foster
Hugh Horne
Michael Johnson
+ 2
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Summary

Sale
TEXAS
Self Storage
23,800 sqft

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.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Logan Foster's profile picture
Logan Foster
Versal-image
Commercial Real Estate Broker
Bill Bellomy's profile picture
$19.5M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Bill Bellomy, Michael Johnson, Logan Foster & Hugh Horne DATE: 12/12/2023 ADDRESS: 3990 State Highway 35 Bypass MARKET: Rockport ASSET TYPE: Self Storage ~ SF: 23,800 ~ UNITS: 113 BUYER: Preis Investments Inc SELLER: Elkhorn River Investments LLC BROKERS: Bill Bellomy (@BillBellomy), Michael Johnson, Logan Foster & Hugh Horne - Versal NOTE: Versal brokered the sale of Paradise Self Storage, a 113-unit facility in Rockport, South Texas, built in 1994 and spanning 23,800 net rentable square feet. Elkhorn River Investments LLC, the seller, was represented by Versal's Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne, while the buyer, Preis Investments Inc. from Corpus Christi, was also secured by the Versal team.

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Address3990 State Highway 35 Bypass

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