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Self-Storage Facility

ACI Self Storage

1101 Tracy Lynn St, Abilene, TX 79601

Listing Price: $6,500,000

Cap Rate
7.89%
Number of Units
619
Occupancy
82.0%
Rentable SF
99,580
Price/Rentable SF
$65.27
Year Built
1977

Investment Overview

ACI Self Storage is a 99,580 rentable-square foot facility situated on approximately 8.03 acres in Abilene, Texas. Developed in phases between the early 1990s and 2012, the property spans five non-contiguous parcels located within a compact 0.10-mile radius. The facility offers a diverse unit mix, including 109 climate-controlled units, 498 non-climate drive-up units, six office/warehouse units, and six office spaces – five of which are currently owner-occupied. Key facility features include a professional leasing office and showroom, wide paved driveways, personalized keypad-gated entry, 24-hour video surveillance, and perimeter fencing and lighting.
Located just two hours west of Fort Worth, Abilene serves as the unofficial cultural and economic hub of West Central Texas due to its strategic position along Interstate 20 between the Dallas-Fort Worth Metroplex and Midland-Odessa. In addition to its traditional economic pillars—oil & gas, agriculture, and healthcare—Abilene also benefits from strong education and military sectors, serving as the home to Abilene Christian University, Hardin-Simmons University, and Dyess Air Force Base.
More recently, the local economy has received a major boost from Project Radiance, a $3.4 billion+ AI data center development by Crusoe at the Lancium Clean Campus. This transformative project is expected to generate hundreds of new jobs and billions in long-term economic impact.
Offered for $6,500,000, ACI Self Storage is priced below replacement cost at only $65.27 per square-foot. Additionally, it offers a new operator attractive day one yields and multiple paths to create value throughout the hold period – the purchase price represents a 7.41 percent cap rate based on the seller’s 2024 year-end income and expenses.
The facility is currently operated by the original developers, a family who has not adopted modern storage technologies. For instance, their website functions only as a basic landing page, offering no online leasing capabilities or rate transparency, and they do not engage in any digital advertising. A new operator can unlock significant upside by implementing a targeted marketing strategy, introducing revenue management systems, and exploring expansion opportunities—either through additional storage units or commercial space development.

Investment Highlights

  • Mom & Pop Owned and Operated by Original Developers
  • Zero Online Marketing and Minimal Web Presence
  • Room for Future Storage or Commercial Expansion
  • 7.41 Percent Current Cap Rate
  • Only $65.27 per Rentable Square Foot – Below Replacement Cost
  • Excellent Location on Judge Ely Blvd – Approximately 20,000 Vehicles per Day

Exclusively Listed By

Financing By

Self-Storage Facility

ACI Self Storage

Listing Price: $6,500,000

Cap Rate
7.89%
Number of Units
619
Occupancy
82.0%
Rentable SF
99,580
Price/Rentable SF
$65.27
Year Built
1977

Investment Highlights

  • Mom & Pop Owned and Operated by Original Developers
  • Zero Online Marketing and Minimal Web Presence
  • Room for Future Storage or Commercial Expansion
  • 7.41 Percent Current Cap Rate
  • Only $65.27 per Rentable Square Foot – Below Replacement Cost
  • Excellent Location on Judge Ely Blvd – Approximately 20,000 Vehicles per Day

Investment Overview

ACI Self Storage is a 99,580 rentable-square foot facility situated on approximately 8.03 acres in Abilene, Texas. Developed in phases between the early 1990s and 2012, the property spans five non-contiguous parcels located within a compact 0.10-mile radius. The facility offers a diverse unit mix, including 109 climate-controlled units, 498 non-climate drive-up units, six office/warehouse units, and six office spaces – five of which are currently owner-occupied. Key facility features include a professional leasing office and showroom, wide paved driveways, personalized keypad-gated entry, 24-hour video surveillance, and perimeter fencing and lighting. Located just two hours west of Fort Worth, Abilene serves as the unofficial cultural and economic hub of West Central Texas due to its strategic position along Interstate 20 between the Dallas-Fort Worth Metroplex and Midland-Odessa. In addition to its traditional economic pillars—oil & gas, agriculture, and healthcare—Abilene also benefits from strong education and military sectors, serving as the home to Abilene Christian University, Hardin-Simmons University, and Dyess Air Force Base. More recently, the local economy has received a major boost from Project Radiance, a $3.4 billion+ AI data center development by Crusoe at the Lancium Clean Campus. This transformative project is expected to generate hundreds of new jobs and billions in long-term economic impact. Offered for $6,500,000, ACI Self Storage is priced below replacement cost at only $65.27 per square-foot. Additionally, it offers a new operator attractive day one yields and multiple paths to create value throughout the hold period – the purchase price represents a 7.41 percent cap rate based on the seller’s 2024 year-end income and expenses. The facility is currently operated by the original developers, a family who has not adopted modern storage technologies. For instance, their website functions only as a basic landing page, offering no online leasing capabilities or rate transparency, and they do not engage in any digital advertising. A new operator can unlock significant upside by implementing a targeted marketing strategy, introducing revenue management systems, and exploring expansion opportunities—either through additional storage units or commercial space development.

Exclusively Listed By

Financing By

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