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Texas  + State of Texas  + Industrial  | 
El Paso Storage unit

El Paso’s Stuff Hotel Bought by Best Self Storage

Best Self Storage has acquired Stuff Hotel, a 48,753-square-foot facility in El Paso, Texas, from Price Cos. The property is subject to a $3.3 million loan, originated by American Business Bank.

Jon Danklefs of Marcus & Millichap’s San Antonio office represented the seller and procured the buyer of the 424-unit property.

Stuff Hotel was built in two phases, between 1995 and 2005. The six-building facility sits on 2.9 acres and encompasses units ranging from 25 square feet to warehouse spaces. On-site amenities include video surveillance, gated access, boxes and supplies, drive up access, parking and on-site management.

The property is located at 11655 Pellicano Drive. The facility is one of the 20 available within a 3-mile radius, offering residents 7.4 rentable square feet per capita. According to Yardi Matrix data, El Paso has nine properties in various stages of development, set to add approximately 400,000 rentable square feet to the existing self storage inventory in the next few years.


Inside The Story

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition