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4013 East Stan Schlueter Loop

Marcus & Millichap Brokers Sale Of Two Texas Self-Storage Facilities Totaling 802 Units
SOLDSelf Storage

Marcus & Millichap Brokers Sale Of Two Texas Self-Storage Facilities Totaling 802 Units

4013 East Stan Schlueter Loop & 3102 South Mccoll Road

Building Size

174,084 SF

Asset Type

Self Storage

Closing

Oct 1, 2025

AI

The transaction involved the sale of two self-storage facilities located at 4013 East Stan Schlueter Loop in Killeen and 3102 South Mccoll Road in Edinburg, Texas. The total square footage of these facilities amounts to 87,042 and they consist of 802 storage units across a combined area of 6.3 acres. The properties are positioned within the Killeen and Edinburg markets.

Summary of transaction details:

The sale was brokered by Marcus & Millichap, which facilitated the transaction of the two Texas self-storage facilities as part of a three-property portfolio deal that also included a 294-unit facility in Las Cruces, New Mexico.

Players

Stacey Gorman

Marcus & Millichap

Broker

$6.4M

vol

2 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Killeen 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