Versal Brokers Sale Of 85-Unit Self Storage Facility In New Braunfels Texas
7445 Farm To Market Road 725
Building Size
35,800 SF
Asset Type
Self Storage
Closing
Oct 6, 2025
AI
The property involved in the transaction is a self-storage facility located at 7445 Farm-to-Market Road 725 in New Braunfels, Texas. The facility comprises 85 units and offers a total square footage of 35,800. This asset falls within the self-storage sector.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Square Footage: 35,800
- Units: 85
- Address: 7445 Farm-to-Market Road 725
- Market: New Braunfels
Bill Bellomy, Michael Johnson, Logan Foster, and Hugh Horne of Versal played a key role in brokering the sale. They represented both the buyer and the seller during this transaction, facilitating the exchange of the facility known as McQueeney Boat & RV Storage.
Players
Mc Queeney 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