Advantages Of Buying Properties Through AGI

Avid Storage presents an outstanding opportunity to acquire a high-performing self-storage facility located in Alvin, Texas—within the thriving Houston MSA and only 22 miles from downtown Houston. Strategically positioned at 3863 FM 528 Rd, Alvin, TX 77511, the property boasts excellent proximity to major thoroughfares, being just 0.6 miles from TX-35 and 2.1 miles from State Highway 6, offering high traffic visibility and accessibility.

Property Overview:

• Total Units: 453 (229 Non-Climate Units, 178 Climate-Controlled Units, 5 Enclosed Parking Units, 18 Covered Parking Spaces, 23 Uncovered Parking Spaces)
• Net Rentable Square Footage (NRSF): 69,916 Sq. Ft.
• Lot Size: 9.58 Acres
• Buildings: 6
• Year Built: 1999, 2001, 2002
• Occupancy Rates:
  • Physical Occupancy: 87%
  • Economic Occupancy: 82%
• Average Unit Size (NC): 144 Sq. Ft.
• Average Unit Size (CC): 156 Sq. Ft.
• Construction: Metal and steel construction, concrete drives, perimeter fencing
• Security: On-site office, ample security features including fencing and perimeter access

Investment Highlights:

• Asking Price: $6,500,000
• Price per Sq.Ft.: ~$92.99
• Strong Market Demographics:
  • Population within 5 miles: 75,315
  • Average Household Income (5-mile radius): $128,309
• Nearby Major Retailers: Walmart, Home Depot, Chick-fil-A (within 2.3 miles)
• Excellent Road Access: Easy connectivity from TX-35, State Hwy 6, and surrounding residential and commercial hubs
• Additional Parking: 23 uncovered parking spaces, 18 covered, and 5 enclosed spaces

Avid Storage is a stabilized and well-maintained facility offering reliable cash flow with strong historical occupancy. The combination of climate and non-climate units, as well as various parking options, makes it a flexible investment for both long-term tenants and transient users. With ample room for operational optimization and rate adjustments, this facility offers both security and upside potential in one of Texas’ fastest-growing metros.