facebook

traded

+ Submit
Home

/

Deals

/

Texas

/

Self Storage

/

Sale

/

6003 Cunningham Road

Apricus Realty Capital And ABR Capital Partners Acquire Self Storage Facility In Houston
SOLDSelf Storage

Apricus Realty Capital And ABR Capital Partners Acquire Self Storage Facility In Houston

6003 Cunningham Road

Building Size

32,358 SF

Asset Type

Self Storage

Closing

Jul 3, 2025

AI

The property asset involved in the transaction is a self-storage facility located at 6003 Cunningham Road, Houston. The site encompasses 11.3 acres and features 32,358 square feet of crane-served warehouse space, which is currently leased to Knight Oil Tools.

Summary of transaction details:

Jason Tangen and Paul Dominique from Colliers represented the seller in this transaction, while CW Sheehan, Peyton Ackerman, and Nate Henderson from JLL arranged the acquisition financing for the buyers, Apricus Realty Capital and ABR Capital Partners.

Players

Jason Tangen

Colliers

Broker

13 deals

Broker
Colliers
ColliersBrokerage
JLL
JLLBrokerage
Apricus Realty Capital
Apricus Realty CapitalBuyer

Houston Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

Loading comparables…

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