River Oaks Self-Storage Opportunity – Houston, TX
4217 San Felipe St, Houston, TX 77027

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Price
Market Bid
NRSF
54,346
Houston, TX
Core
Core Location: Prime Inner Loop location in Houston’s prestigious River Oaks neighborhood, just blocks from the heart of the neighborhood
Strong Occupancy & In-Place Rents: Currently 91.8% occupied with consistent LTM occupancy above 91% and in-place rents over $28
High-Quality Asset: Two-story, institutional-grade facility totaling 54,346 RSF across 426 climate-controlled units, 70 wine units, 7 drive-up units, and 1 on-site office
Affluent Trade Area: Surrounded by high-income households and luxury multifamily, including The Pearl Midlane, The Ivy & The James, and Arabella
Walkable Urban Location: Steps from the heart of the River Oaks District, Whole Foods, Trader Joe’s, and Central Market
Residential Density: Over 10,000 existing and planned apartment units within a 3-mile radius

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale River Oaks Self Storage.

This offering presents a rare opportunity to acquire a high-quality, core self-storage facility in the River Oaks District of Houston, TX. The two-story facility comprises 54,346 rentable square feet across 426 climate-controlled units, 70 wine units, 7 drive-up units, and 1 on-site office. As of April 2025, the facility was 91.8% occupied with in-place rents of $28.01 annually. The site is located in a prominent, high-visibility location with excellent population density, high median household incomes, and high barriers to entry.

The store opened in 1990 and is currently 91.8% occupied. Over the LTM, the store has maintained occupancy in excess of 91%. Over that same time period, effective rates after concessions increased by nearly 3%. This consistent performance indicates strong local demand and durable cash flow. The asset is well-positioned for further growth through integration into a larger platform with enhanced SEO, marketing, and revenue management capabilities. These improvements could unlock additional rental rate and occupancy gains.

The store is situated in River Oaks, just a few blocks from the heart of the neighborhood, offering a prime position along San Felipe Street with direct access to high-end apartment communities including The Pearl Midlane, The Ivy & The James, and Arabella. The site boasts exceptional walkability to the River Oaks District – home to flagship luxury retail, fine dining, and wellness destinations – as well as Whole Foods, Trader Joe’s, and Central Market. Surrounded by over 10,000 existing and planned apartment units within a 3-mile radius, the location is positioned to benefit from sustained residential growth and long-term demand for self-storage.

Vancouver, WA Portfolio

  • Sign CA to View Offering Memorandum

  • Confidentiality and Buyer Registration Agreement

    Cushman & Wakefield U.S., Inc. ("Broker") has been retained as the exclusive advisor and broker regarding the sale of the property known as the Vancouver, WA Self-Storage Portfolio opportunity.

    To receive an Offering Memorandum ("Offering Memorandum") please read, sign and return this completed Confidentiality Agreement to Broker. The Offering Memorandum has been prepared by Broker for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective Buyers may need or desire. All projections have been developed by Broker and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Seller and therefore are subject to variation. No representation is made by Broker or the Seller as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied on as a promise or representation as to the future performance of the property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, the Seller and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or omitted from the Offering Memorandum or any other written or oral communication transmitted or made available to the Buyer. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the property or the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective Buyer. Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective Buyers.

    By accepting the Offering Memorandum, you agree to indemnify, defend, protect and hold Seller and Broker and any affiliate of Seller or Broker harmless from and against any and all claims, damages, demands, liabilities, losses, costs or expenses (including reasonable attorney's fees, collectively "Claims") arising, directly or indirectly from any actions or omissions of Buyer, its employees, officers, directors or agents.

    By accepting the Offering Memorandum, you acknowledge that you are a principal and not an agent of or acting on behalf of any other party in connection with the acquisition. Buyer acknowledges that it is aware that any Agent/Broker other than Cushman & Wakefield, must be compensated by Buyer as Cushman & Wakefield is not cooperating on fees. Furthermore, Buyer acknowledges that it has not had any discussion regarding this Property's Sale with any other broker or agent other than Broker or an agent/broker properly identified through this registration process, including but not limited to, resolutions of incomplete, conflicting or duplicate registrations. Buyer shall indemnify and hold Seller and Broker harmless from and against any claims, causes of action or liabilities, including, without limitation, reasonable attorney's fees and court costs which may be incurred with respect to any claims for other real estate commissions, broker's fees or finder's fees in relation to or in connection with the Property to the extent claimed, through or under Seller.

    The Seller and Broker each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the Property and/or to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Seller and its legal counsel, and any conditions to the Seller's obligation thereunder have been satisfied or waived.

    The Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Offering Memorandum, you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not disclose the Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make an offer and from whom you have obtained an agreement of confidentiality) without prior written authorization of the Seller or Broker, and that you will not use the Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of the Seller or Broker.

    No employee of seller or at the subject property is to be contacted without the written approval of the listing agents and doing so would be a violation of this confidentiality agreement.



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