overview video
investment highlights
- MEANINGFUL UPSIDE BY REDUCING VACANCY // The End of Year Two Cash on Cash Return is 8.08 percent.
- EXPANSION OPPORTUNITY // Approximately three acres of land included in the sale.
- PARIS – RETAIL AND MEDICAL HUB OF NORTHEAST TEXAS // Campbell’s Soup Company, Kimberly-Clark, and Paris Regional Medical Center provide a stable employment base.
- ATTRACTIVE COST BASIS AT $71.50/NRSF // One-third of the self-storage area was constructed in 2024.
property summary
Uplift Self Storage is a 296-unit, 51,903 net rentable square foot self-storage facility located in Paris, Texas. The property sits on approximately 7.50 acres of land and consists of 276 climate control units and twenty one-bedroom/ one-bathroom apartment units. The facility has three single-story buildings and features amenities including, but not limited to, video surveillance throughout the property, a manager’s office, and keycode access to climate units. The facility was converted to storage from a nursing home. Since the owner purchased the property in 2021, they have spent over one million dollars in CAPEX projects including a new climate control building that opened in late 2023.
Situated approximately 100 miles northeast of Dallas, Paris serves as the regional economic and cultural hub for northeast Texas. The city’s economy is anchored by a diverse array of sectors, including manufacturing, healthcare, education, and agriculture. Major employers such as Campbell Soup Company, Kimberly-Clark, and Paris Regional Medical Center provide a stable employment base, supporting housing demand and economic resilience throughout market cycles.
Uplift Self Storage will allow an investor to acquire a relatively newly constructed asset in a stable area of northeast Texas for $71.29 per NRSF. The property is self-managed by the out-of-state owner. As of August 31st, 2025 Uplift Self Storage was approximately 64 percent physically occupied. By increasing economic occupancy to 80 percent, an unlevered return of over eight percent could be achieved within 24 months. Additional upside could be attained by expanding on the approximate three acres of additional land that is included.
