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Kingcrest Communities Acquires Self Storage Property In Refugio

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SOLD

Texas

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SOLD

Kingcrest Communities Acquires Self Storage Property In Refugio

908 Bayou Street

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Self Storage
Sold
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Summary

TEXAS
Asset Type:Self Storage
Transaction Type:Sale

The self-storage facility located in Refugio, Texas, known as Affordable Mini Storage, was recently sold to Kingcrest Communities. The property comprises 126 units and sits on a 2.5-acre lot at 908 Bayou Road. Built in 2014, this facility offers the potential for future expansion, making it an attractive investment opportunity in the area.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: Not disclosed
  • Units: 126
  • Acres: 2.5
  • Address: 908 Bayou Street, Refugio, Texas
  • Market: Refugio

Jon Danklefs of Marcus & Millichap played a pivotal role in facilitating this property transaction. He represented the undisclosed seller and successfully brought in Kingcrest Communities as the buyer for the sale of Affordable Mini Storage. The location of this self-storage facility, approximately 40 miles north of Corpus Christi, adds to its strategic importance within the region, underlining the significance of this deal.

Players

Jon Danklefs
24 deals
BROKER

Details

SOLD
IMAGE: Jon Danklefs DATE: 05/09/2024 ADDRESS: 908 Bayou Street MARKET: Refugio ASSET TYPE: Self Storage ~ UNITS: 126 ~ ACRES: 2.5 BUYER: Kingcrest Communities BROKER: Jon Danklefs (@DanklefsStorageGroup) - Marcus & Millichap (@MarcusMillichapinc) NOTE: Marcus & Millichap facilitated the sale of Affordable Mini Storage, a self-storage facility located in Refugio, Texas, approximately 40 miles north of Corpus Christi. The property, situated on 2.5 acres at 908 Bayou Road, features 126 units and was built in 2014 with potential for further expansion. Jon Danklefs of Marcus & Millichap represented the seller, who remains undisclosed, and successfully procured the buyer, Kingcrest Communities, for this transaction.

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