Marcus & Millichap closes sale of four-property Houston self-storage Devon Portfolio
MMI•Marcus & Millichap closed the sale of the four-property Devon Portfolio in the Houston metro area. The portfolio has 1,779 units, about 259,250 net rentable square feet and was about 76% occupied at the time of sale.
1. Portfolio details
The portfolio consists primarily of drive-up, non-climate-controlled units with outdoor vehicle parking. One site includes about 35,000 net rentable square feet of enclosed boat and RV storage.
