Fox Tree & Landscape Nursery Inc Sells 396-Unit Self Storage Facility In Corpus Christi
5734 Wooldridge Road
Building Size
46,375 SF
Asset Type
Self Storage
Closing
Jun 24, 2025
AI
The transaction involved a self-storage facility located at 5734 Wooldridge Road, Corpus Christi, featuring a total square footage of 46,375 and comprising 396 units. The seller of the property was Fox Tree & Landscape Nursery Inc. The facility was brokered by Versal.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Undisclosed
- Address: 5734 Wooldridge Road
- Market: Corpus Christi
- Square Footage: 46,375
- Units: 396
- Seller: Fox Tree & Landscape Nursery Inc
- Brokers: Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne - Versal
Versal, representing the seller, facilitated the sale of the property to an undisclosed buyer, highlighting the firm’s capability in securing both the seller and the buyer during the transaction.
Players
Corpus Christi 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