Dry Dockers Boat & RV Storage in Houston, Texas
Wright Road Houston, TX
Asking price
Price not disclosed
Units
198
Cap rate
—
Price / unit
—
About this property
7.95 Percent in-place CAP rate with upside IN raising rents AND occupancy // The physical occupancy is 89.80 percent and street rates are approximately 25 percent below market. Convenient NW houston location close TO US 290 & BELTWAY 8 // The three-mile population in the area is over 96,000 people and the three-mile average household income is over $113,000. NUMEROUS CUSTOMER AMENITIES // The facility includes a gated entrance with keypad access, video surveillance, lighting, and concrete parking surfaces inside the units. 78,701 NRSF // The property has 198 units with concrete floors and swing doors with wood framing. There are also 16 spaces for outdoor parking. property summary Dry Dockers Boat & RV Storage is a 214 unit, 78,701 net rentable square foot boat and RV storage facility situated on approximately 4.73 acres in Houston, Texas. While the property is primarily composed of traditional enclosed units with swing doors, there are also 16 uncovered outdoor parking spaces included in the unit mix. The property has amenities such as lighting and an electrical outlet in each unit, concrete parking surfaces, a security gate with key code access, security lighting and video surveillance. The property benefits from strong demographics. The average household income is close to $114,000 annually and there are nearly 100,000 residents within a three-mile radius and close to 275,000 people live within five miles of the property. Dry Dockers Boat & RV Storage is in close proximity to US Highway 290, Beltway 8, and FM 529 and the location provides a convenient storage solution for residents living in communities such as Jersey Village, Hearthstone, and Lakes on Eldridge. Given the facility is also about 15 miles from downtown Houston, it’s also an ideal location for commercial tenants who need access to major freeways to get into Houston’s urban core. Dry Dockers Boat & RV Storage provides an investor the opportunity to purchase a property with upside in raising occupancy and rental rates while still achieving an in-place cap rate close to 7.50 percent. Furthermore, ownership recently began converting fourteen 12×27 units into seven 12×54 pull through spaces that are typically desirable in hopes of sparking occupancy while still commanding a similar price per foot. By reducing the economic vacancy to 85 percent and nudging up achieved rental rates by five percent an investor should expect to see a year one unlevered return of nearly 8.25 percent. As of August 31st, 2026, Dry Dockers Boat & RV Storage is 89.8 percent physically occupied. Broker Information Dave Knobler Senior Managing Director Phone: [phone — unlock to view] Email: [email — unlock to view] License: TX 606252 Mixson Staffel Director Phone: [phone — unlock to view] Email: [email — unlock to view] License: TX 748276 Charles "Chico" LeClaire Executive Managing Director Phone: [phone — unlock to view] Email: [email — unlock to view] License: CO EA00147681 Tim Speck Broker of Record Phone: [phone — unlock to view] Email: [email — unlock to view] License: TX 9017122-BB Download Marketing Package " * " indicates required fields X/Twitter This field is for validation purposes and should be left unchanged. First Name * Last Name * Email * Phone * Title Company What is your role in the industry? * Principal Broker Other Confidentiality agreement this confidentiality agreement (“Agreement”) is made and agreed to by and between The LeClaire-Schlosser Group and Marcus & Millichap Real Estate Investment Services of Denver (“Broker”), exclusive listing broker for the Property, and “Buyer” regarding the property known as DRY DOCKERS BOAT & RV STORAGE. The obligations of confidentiality undertaken pursuant to this Agreement shall survive the terms of the Broker’s listing agreement with the Owners. BUYER HAS REQUESTED information from Broker for the purpose of evaluating a possible acquisition of the Property.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | Price not disclosed |
|---|---|
| Units | 198 |
| Building size | 78,701 sq ft |
| First seen by UnitListed | Oct 6, 2026 |
| Source page last checked | Oct 6, 2026 |
| Source last changed | Oct 6, 2026 |
Trade area · Bell, TX
4 of 6 availableContext about the county from the public record — not from the seller, and not a valuation. The seller's own figures are shown separately above and are never mixed with these.
Bell, TX has 23 lessors of miniwarehouses and self-storage units recorded by Census across 379,811 residents — about 16,514 people per facility.
- Mapped competitors within 10 miles
- 27
- Residents per competing facility
- 16,514
- Renter-occupied housing
- 43.8%
- Median SBA loan approved, this asset class
- —
- SBA loans in this industry that charged off
- —
- FEMA composite risk rating
- Relatively Moderate
OpenStreetMap contributors · current
US Census County Business Patterns + ACS · 2022 · county level
US Census ACS 5-year, table B25003 · 2023 · county level
Only 4 loans recorded — too few to publish a median. The count is shown instead.
SBA 7(a) and 504 FOIA loan disclosures · FY2024-FY2026 · county level
Only 4 loans on record; a default rate over that few is noise.
SBA 7(a) and 504 FOIA loan disclosures · FY2024-FY2026 · county level
FEMA National Risk Index · 2025 · county level
Sources: US Census Bureau (County Business Patterns, American Community Survey), US Small Business Administration 7(a)/504 loan disclosures, FEMA National Risk Index, and © OpenStreetMap contributors. Public records describe a county, not this property.
Before you call the broker
9 things are not disclosed on this listing. These are the questions that would close the gap — specific to a storage facility, not a generic list.
Asking price — not disclosed
What is the asking price, and is it firm or inviting offers?
Everything else is measured against it. A price on request is normal, but it means you cannot screen this against your budget yet.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Physical vs economic occupancy — not disclosed
What is physical occupancy, and what is economic occupancy?
A facility can be 92% full and still be collecting far less, through concessions and delinquency. Physical occupancy alone flatters the deal.
Climate-controlled share — not disclosed
How many units are climate-controlled, and what is the rate premium?
Climate-controlled space earns more per square foot and costs more to run. The mix changes both sides of the model.
Expansion land and entitlements — not disclosed
Is there expansion land, and has anything been entitled or permitted?
Often the whole thesis in storage. Also the difference between a plan and a permit.
How it is managed today — not disclosed
Is this staffed, remotely managed or unmanned, and does a management contract transfer?
Decides whether the expense line you are shown survives the sale.
Currency of the asking price — disclosed
Unit mix and rent roll — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Oct 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
