investment highlights
- SELLER FINANCING AVAILABLE // 80 Percent Loan-To-Value (LTV) | 5 Percent Interest-Only | 5-Year Term
- SEVERELY MISMANAGED ASSETS // The current owner is the original developer and due to extenuating circumstances has been unable to manage the properties for many years. Both properties recently underwent an extensive “clean out” and changes to on-site personnel have been made. Both properties lack a website and there is no advertising being done.
- FORTRESS STORAGE CENTER (ROCKPORT) // The facility is 37,700 NRSF and features 204 climate controlled units and 133 non-climate controlled units (337 total units). Amenities include gated entry with keycode access, concrete drives, full service on-site management office, roll-up doors, and 24-hour video surveillance.
- FORTRESS STORAGE CENTER (VICTORIA) // The facility is 47,450 NRSF and comprised of 193 climate controlled units and 199 non-climate controlled units (392 total units). It features a gated entry with keycode access, asphalt drives, full service on-site management office with an on-site residence, roll-up doors, and 24-hour video surveillance.
- ROCKPORT, TX // The city is ranked the #2 best small coastal town in America in 2025 by USA Today. Texas Highways Magazine ranks Rockport as the #6 top travel destination in Texas.
- VICTORIA, TX // Nicknamed “The Crossroads” as it is the regional hub for around 250,000 people. Victoria is within a two-hour drive from Houston, San Antonio, Austin, and Corpus Christi.
