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 Rockport Boat & RV Storage Portfolio, a two-property and 86,650 square foot storage asset located in Rockport, Texas.
Dave Knobler, Senior Managing Director Investments, and Mixson Staffel, Investment Associate, in Marcus & Millichap’s Houston, Texas office, along with Charles “Chico” LeClaire, Executive Managing Director Investments in the Denver, Colorado office, marketed the property on behalf of the seller, a Texas-based LLC. Dave Knobler had this to say about the opportunity, “While Rockport is one of Texas’ more popular tourist areas, we still had to dig deeper to tell the story of why the area shouldn’t be viewed through a traditional demographic lens. On the surface population statistics just show that less than 1,000 people live within a mile of the property, however 71% of the homes in Aransas County aren’t homesteaded and in a more unorthodox analysis, it’s estimated that there are around 40,000 people in the county during a busy weekend by measuring how much water is used.”
“We successfully created a competitive bidding environment that allowed us to show our seller the full scope of the market. Ultimately, we had 15 offers for the portfolio and one of our most active listings in recent memory,” Mixson Staffel added. The buyer is a Texas-based LLC.
“We successfully created a competitive bidding environment that allowed us to show our seller the full scope of the market. Ultimately, we had 15 offers for the portfolio and one of our most active listings in recent memory.”
Rockport Boat & RV Storage Portfolio is two Boat & RV storage facilities located across the street from one another in Rockport, TX, which is approximately 30 miles north of Corpus Christi. The properties sit on a combined +/- 6.79 acres of land and have five single-story buildings consisting of 240 total units. There are 28 outdoor parking spaces included in the unit mix. The facilities have numerous amenities including but not limited to video surveillance, gated entries with digital keycode access, roll-up doors, concrete driveways, a full-service on-site managers office, and a wash station.
