1009 Burke RdPasadena, TX 77506

Exceptional investment opportunity in Pasadena, Texas, presents a 601-unit self-storage facility totaling 60,595 square feet of net rentable space. This value-add property, ideal for a 1031 exchange, is priced at $5,900,000. The facility comprises two locations, 1009 Burke Rd and 2003 Cherrybrook Ln, situated approximately one mile apart and operated as a single business. While the majority of the facility is in good condition, some deferred maintenance is present. This includes roof replacements needed on a few buildings, some door replacements, and parking lot repairs, estimated at a total cost of $500,000. This presents a significant opportunity for an investor to enhance the property's value through strategic improvements. The property is located in Harris County, Texas, with a zip code of 77506. Detailed financial reports are available upon request via email. Contact information must be provided for a response.