Marcus & Millichap brokers 54,100-square-foot self-storage sale in Hughes Springs

Marcus & Millichap facilitated the sale of Hughes Springs Storage Units, a 54,100-square-foot self-storage facility in Hughes Springs, Texas. 

Brandon Karr and Danny Cunningham, investment specialist in Marcus & Millichap’s Fort Worth office and co-leaders of the Karr-Cunningham Storage Team, exclusively represented the seller, a Hughes Springs native who developed the property, and procured the buyer, a Dallas-based real estate investment company.  

Hughes Springs Storage Units is positioned at 189 FM 250. The facility, built in 2019, spans approximately 54,100 rentable square feet across 260 units, including 240 drive-up units and 20 fully enclosed boat/RV spaces. The property features perimeter fencing, a gated entrance with key-pad access, and convenient access to local thoroughfares. The property has maintained a high occupancy rate of 94%.