Texas 2-Property Portfolio
Gun Barrel City, TX
Asking price
Price not disclosed
Units
343
Cap rate
—
Price / unit
—
About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Texas 2-Property Portfolio Back to Results Tool & Gun Barrel City, TX Call Broker for Price 1900 N. Tool Drive (Tool, TX) The B&J Boat & Self Storage facility at 1900 N. Tool Drive is located along State Highway 274 in the Cedar Creek Lake area of Henderson County. The original building was constructed in 1995 with additions completed in 1998 and 2003 (per Henderson CAD), and sits on approximately 8.49 acres. The facility offers a mix of self-storage units alongside dedicated boat, trailer, and vehicle parking at the rear of the property. Totaling approximately 69,130 rentable square feet of self-storage with 343 units plus 43 parking spaces, there is ample land to expand at the front and rear of the property. The property is locally owned and managed, and competes well in the market due to the quality and upkeep of the facility relative to nearby operators. Current unit occupancy stands at 77.8% as of August 2026. With nearby Cedar Creek Lake, there has been steady demand for boat and RV storage. 131 Luther Lane (Gun Barrel City, TX) The B&J Self Storage facility at 131 Luther Lane in Gun Barrel City was built in 2003 with an addition completed in 2014 (per Henderson CAD) The entire parcel is approximately 5.27 acres. The property offers a diverse unit mix of climate-controlled and standard drive-up storage totaling approximately 47,290 rentable square feet across 298 units of which 62 are climate controlled and 53 are insulated. Like the Tool location, the facility is locally owned and managed. Current unit occupancy is 75.2% as of August 2026, offering a buyer room to grow revenue through continued lease-up. There is land available for future expansion at the rear of the property. Both locations feature security cameras and gated access to the fully fenced properties. The locations benefit from a shared marketing expense and are run by a combination of onsite managers. Click HERE to Access Deal Room Call Broker for Price View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info Call Broker for Price 116,420 RSF 641 Units 76.5% Occupancy Contact Listing Broker Listing Broker Tyler Trahant Dominus Commercial 817-901-7600 Email Listing Broker Chad Snyder Dominus Commercial 817-980-7276 Email Stay Connected Contact Us 1-800-55-STORE Contact Us 5460 S. Quebec Street Suite 100 Greenwood Village, CO 80111 info@argus-realestate.com Join Argus Interested in becoming an Argus Broker Affiliate? Learn How © 2026 Argus Self Storage Advisors.
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 | 343 |
| Occupancy | 5% |
| Building size | 116,420 sq ft |
| First seen by UnitListed | Sep 9, 2026 |
| Source page last checked | Oct 24, 2026 |
Before you call the broker
8 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.
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
Physical vs economic occupancy — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 9, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 9, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
