Property: Got Storage
Location: Victorville, CA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Tasso Douglas, Jesse Cameron and Jacob Becher of The Hatcher Group of Marcus & Millichap
NRSF: 87,502
Unit Count: 523 Non-Climate Controlled, 19 Lockers and 178 RV Parking Spaces
Occupancy: 99% (Physical)
Room for Expansion: Yes
Highlights:
- RV Storage with Dump Station
- All Doors are Individually Alarmed
- State-of-the-Art Security
- Wide Drives
- Shipping Center Located on Site
- Less than Two Miles from Both Highway 395 and I-15
- Dense and Growing Population: 170,052 People Living within a Five-Mile Radius – Represents a 103% Increase Since 2000
Property: Highland Mini Storage
Location: San Antonio, TX
NRSF: 43,000
Unit Count: 410 and 80 Parking Spaces
Buyer: StorageMart
Property: A-Key Storage Portfolio
Location: Clovis, NM
Brokers and Brokerage: Cameron Vale, Parker Sweet and Josh Cato of Berkshire Hathaway
NRSF: 235,978
Unit Count: 1,541
Property: Village Drive Development Property
Location: San Antonio, TX
Closing Price: $12.55 Million
NRSF: 80,000
Acreage: 1.8
Buyer: Life Storage
Portfolio: Paluxy Drive Self Storage
Locations: Tyler, TX
Brokers and Brokerage: Danny Cunningham, Bryan Quaschnick and Brandon Karr of Marcus & Millichap
NRSF: 35,892
Unit Count: 279
Highlights:
- Multiple Offers Generated from Texas-based and Out-of-State Storage Groups
- Both the Buyer and the Seller to Achieve Their Independent Goals of Facilitating a 1031-Exchange
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Perimeter Fencing and Lighting
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On-site Manager’s Office
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Personalized Key-Pad Gated Entry
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Garage-Style Roll Up Doors
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Concrete Driveways
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Standing-Seam Metal Roofs
Property: Cavitt Street Storage
Location: Bryan, TX
Brokers and Brokerage: Arol Horkavy and Jon Danklefs of Marcus & Millichap
NRSF: 8,100
Unit Count: 313
Acreage: 0.48
Portfolio: 12-Property Self Storage Portfolio
Locations: Illinois, New York, North Carolina and Texas
NRSF: 625,598
Occupancy: 91%
Buyer: Life Storage
Seller: Harrison Street
Portfolio: The IN Four-Property Self Storage Portfolio
Locations: Aubrey, Flower Mound, Fort Worth and Wylie, TX
Brokers and Brokerage: Danny Cunningham and Brandon Karr of Marcus & Millichap
NRSF: 136,150
Unit Count: 1,041
Buyer: Cohen Investment Group
Property: Life Storage Facility
Location: San Antonio, TX
NRSF: 99,833
Unit Count: 877
Buyer: StorageMart
Property: Expo Self Storage
Location: Sacramento, CA
Closing Price: $6.7 Million
Property: Union Chapel Storage
Location: Noblesville, IN
Brokers and Brokerage: Rob Schick of Argus Self Storage Advisors
NRSF: 76,854
Unit Count: 484
Occupancy: 54%
Year Built: 2020
Property: IN Self Storage
Location: Louisville-Jefferson County, KY
Brokers and Brokerage: Michael Brandon and Scott Schoettlin of SkyView Advisors
NRSF: 40,000
Unit Count: 300+
Property: Extra Space Storage
Location: Fairfield, AL
Brokers and Brokerage: Bryce Josepher, Zachary Urow, Richard Riddle and Scott Schoettlin of SkyView Advisors
NRSF: 78,215
Unit Count: 598
Acreage: 9.4
Occupancy: 99% (Physical)
Room for Expansion: Yes
Highlights:
- Class A Facility
- Limited Competition
- The Buyer Is Acquiring a Superior Asset in the Birmingham Metropolitan Market
- Upside Potential Through Rasing Rental Rates for In-Place Tenants to Market Levels
- Boasts a Near-Physically Full Occupancy After Two Years Since Opening Doors
- Serves as the Sole Self-Storage Facility within a One-Mile Radius
- No New Facilities Planned within a Four-Mile Radius
- Self Storage Desert with Market Undersupplied at 2.68 NRSF per Capita in a Three-Mile Radius
- Strong Traffic Counts on Both Aaron Aronov Drive and Interstate 20 of Over 16,750 and 69,880 Vehicles Daily, Respectively
