HOUSTON, TX | The LeClaire-Schlosser Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Presidential RV & Boat Storage, a 133,250 square foot storage facility located in Leander, Texas.
Dave Knobler, Senior Managing Director Investments in Marcus & Millichap’s Houston, Texas office and Charles “Chico” LeClaire, Executive Managing Director Investments in Marcus & Millichap’s Denver, Colorado office, had the exclusive listing to market the property on behalf of the Seller, a Texas-based LLC. “A premium RV and Boat storage property in the heart of the 183 Tech Corridor is about as good as it gets when it comes to stability,” said Knobler. “Moreover, our process produced several offers which brought about a remarkable exit for the Seller.” The Buyer, a Texas based LLC, was also secured by Knobler and LeClaire.
“A premium RV and Boat storage property in the heart of the 183 Tech Corridor is about as good as it gets when it comes to stability. Moreover, our process produced several offers which brought about a remarkable exit for the Seller.”
Presidential RV & Boat Storage is achieving some of the highest rental rates in the entire Austin Metro area. The asset quality and convenient location are prompting the strong operations. The facility was constructed in multiple phases between 2014 and 2018 and features concrete and asphalt paved units and drives. The facility is remotely managed with state-of-the-art technology. Presidential RV & Boat Storage offers customers a trip preparation center and all covered and enclosed spaces come with power and lights. There is an extensive camera system which is currently being enhanced. Moreover, with its location one mile east of 183A (Austin’s primary northwest highway), Presidential RV & Boat Storage customers have convenient access to popular Texas Hill Country lakes such as Lake Travis, Lake LBJ, Inks Lake, and Buchanan Lake.