Recent Transactions: 04.04.2023 – 04.10.2023

Property: Heartland Drive Self Storage
Location: Kernersville, NC
Broker and Brokerage:
Michael Morrison of Midcoast Properties, Inc.
Acreage: 2.15 acres
NRSF: 68,219
Unit Count:
557 climate-controlled units
Highlights:

  • On-site rental office with granite
  • Countertops
  • Noke Smart Door and access controls
  • Two elevators
  • Restrooms
  • Security cameras and alarms
  • Exterior wall-pack LED lighting

 


Property: Storway Self Storage
Location: Scranton, PA
Brokers and Brokerage: Jared Houck, Matt Junkin, Kevin Bledsoe and Andreas Makris of The Bledsoe Self Storage Group of Marcus & Millichap
Square Feet: 26,800
NRSF: 16,950
Physical Occupancy: 99%
Highlights:

  • Drive-Up Storage
  • 26,800 GSF Approved Phase 2
  • Under contract within 45 days of listing for sale
  • Under contract to settlement within 90 days
  • 5 square feet per capita in a 3-mile radius

 


Property: Class A Self-Storage Facility
Location: Knoxville, TN
Year Built: March 2023
Brokers and Brokerage: Gabriel Coe, Brett Hatcher and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF:
86,966
Unit Count: 325 climate-controlled units, 179 Non-climate-controlled units, 20 covered parking spaces
Highlights:

  • Excellent location & street frontage
  • High daily traffic counts: 14,500 cars/day off Rutledge Pike
  • Growing surrounding population
  • 16% population increase since the year 2000 within a 5 mile radius

 


Property:
B&C Storage
Location: Auburn, NY
Brokers and Brokerage:
Nathan Coe, Luke Dawley, Brett Hatcher and Gabriel Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 23,894
Unit Count: 219 non-climate-controlled units
Physical Occupancy: 99%
Highlights:

  • Recently underwent significant renovations
  • Great location & street frontage

 


Property: All Steel Storage
Location: Winter Haven, FL
Brokers and Brokerage: Gabriel Coe, Brett Hatcher, Nathan Coe and Meir Perlmuter of the Hatcher Coe Group of Marcus & Millichap
NRSF: 26,661
Unit Count: 147 non-climate-controlled and climate-controlled units
Physical Occupancy: 98%
Highlights:

  • Room for expansion
  • Outside parking, offices and commercial spaces
  • Excellent visibility & easily accessible location
  • High daily traffic counts: 15,000 cars/day
  • Dense & growing surrounding population

 


Portfolio:
Cuzins’ Vehicle Storage Five Property Portfolio
Locations: Bonita Springs, Ft. Myers, Largo, and Sarasota, FL
Brokers and Brokerage: Meir Perlmuter, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF:
645,588 (Combined)
Unit Count: 1,499 total parking spaces
Highlights:

  • All five facilities feature covered parking
  • 24-hour video surveillance at all locations
  • Wash stations, compressed air, dump stations and ice machines
  • On-site managers and high-end security
  • Excellent locations & street frontage
  • Located in markets with a need for vehicle-specific storage
  • High daily traffic counts at all locations
  • Extremely dense & growing surrounding populations
  • Affluent markets


Portfolio:
Two Self Storage Properties
Location: Roseville, MN
Closing Price: $35.5 Million
Buyer: Wentworth Property Company
Square Feet: 189,000 (Combined)
Unit Count: 1,244 units

 

Sun Basin Self Stor, Othello, Marcus & Millichap, Seattle, Puget Sound
Property: Sun Basin Self Stor
Location: Othello, WA
Closing Price:
$5.5 Million
Broker and Brokerage: Christopher R. Secreto of Marcus & Millichap
Square Feet: 68,629
Unit Count: 501 units
Physical Occupancy: 91%

 

Property: Bear Creek Boat & RV Storage
Location: Katy, TX
Brokers and Brokerage: Dave Knobler and Charles LeClaire of of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 15.4 acres
NRSF: 287,804
Unit Count: 625 units + 15 outdoor storage spaces for boats and RVs

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