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6204 Oakclaire Dr Austin, T...

Updated Oct 29, 2024

Libertas Obsido LLC Sells Stash N Go Self Storage Facility In Austin
SOLDSelf Storage

Libertas Obsido LLC Sells Stash N Go Self Storage Facility In Austin

6204 Oakclaire Dr Austin, TX 78735, USA

Building Size

14,150 SF

Asset Type

Self Storage

Closing

Jul 13, 2023

About this deal

AI

Versal, a self-storage brokerage firm, has facilitated the sale of Stash N Go, a 100-unit storage facility located at 6204 Oakclaire Dr in Austin. The property spans a total of 14,150 square feet and offers a convenient self-storage solution near downtown Austin.

Summary of transation details

  • Property Type: Self Storage
  • Transaction Amount: Not disclosed
  • Number of Units: 100
  • Square Footage: 14,150
  • Address: 6204 Oakclaire Dr, Austin
  • Market: Austin

Libertas Obsido LLC, the seller, successfully transferred ownership of Stash N Go to an undisclosed buyer from Miami. The transaction was facilitated by brokers Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne from Versal. Their expertise in the self-storage market ensured a seamless deal for both parties involved.

Players

Bill Bellomy

Versal

Broker

$19.5M

vol

26 deals

Broker

Texas 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

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