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501 South Ferguson Parkway
SOLD

HPI Real Estate Acquires Self Storage In Anna, Texas With Loan From Security National Bank

501 South Ferguson Parkway

Self Storage
clock iconSold 34 days ago
Casey Wenzel
John Bauman
Luke Rogers
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Summary

Sale
TEXAS
Self Storage

An 840-unit, 103,000-square-foot self-storage facility located at 501 South Ferguson Parkway in Anna, Texas has been acquired by HPI Real Estate. The facility was 30% occupied at the time of closing and is currently operated by Life Storage.

Summary of transation details:

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Address: 501 South Ferguson Parkway
  • Market: Anna
  • Units: 840

Casey Wenzel, John Bauman, and Luke Rogers from JLL facilitated a five-year, floating-rate acquisition loan through Security National Bank for the property. Dick Anderson of HPI Real Estate led the acquisition as the buyer.

Players

  • All

    5

  • Agents

    3

  • Agencies

    1

  • Lenders

    1

Casey Wenzel's profile picture
Casey Wenzel
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Managing Director
Luke Rogers's profile picture

Details

Deal Summary
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SOLD
IMAGE: Dick Anderson, Casey Wenzel & John Bauman DATE: 06/11/2024 ADDRESS: 501 South Ferguson Parkway MARKET: Anna ASSET TYPE: Self Storage ~ UNITS: 840 BUYER: Dick Anderson - HPI Real Estate (@HPI_tx) LENDER: Security National Bank (@SecurityNationalBank) MORTGAGE BROKERS: Casey Wenzel, John Bauman & Luke Rogers - JLL (@JLL) NOTE: HPI Real Estate has acquired an 840-unit, 103,000-square-foot self-storage facility in Anna, Texas. JLL arranged a five-year, floating-rate acquisition loan through Security National Bank for the facility, which was 30% occupied at closing and is operated by Life Storage.

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Address501 South Ferguson Parkway

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