Portfolio: Eight-Property Self-Storage Portfolio
Location: Across Four States
Brokers and Brokerage: Ben Vestal, Cole Carosella, and Matthew Cox of The Argus Self Storage Advisors team on behalf of National Storage Affiliates (NSA)
NRSF (Combined): 610,500
Highlights:
- Offers the investor significant in-place cash flow with geographic diversification and scale
- The sale was a collaborative effort involving four different Argus offices nationwide
Portfolio: Mesquite Self Storage Portfolio [Previously managed by Extra Space Storage]
Location: Mesquite, NV
Address 1: 675 Mayan Circle, Mesquite, Nevada
Address 2: 760 Bowler Drive, Mesquite, Nevada
Address 3: 30 Riverside Road, Mesquite, Nevada
Brokers and Brokerage: Jeff Gorden and Donnie Dodson of The Gorden Group [Argus broker affiliate]
Vehicles Per Day: 27,000
Highlights:
- The portfolio consists of three institutional-quality self-storage facilities
- Featured strong physical and economic occupancy, with minimal day-to-day oversight required, providing immediate cash flow and operational efficiency for the buyer
Property: Seaman Storage [Class B Self Storage Portfolio]
Location: Seaman, Ohio
Address: 17380 Main St, Seaman, OH
Brokers and Brokerage: Joe Lombardo, Frank Desalvo and David Perlleshi of Franklin Street
Acreage: 0.59 acre
Square Feet:7,440
Unit Count: 70 units
Occupancy: 55.07%
Property: Shovel-Ready Storage Development Site
Location: Bethlehem, Georgia
Address: 682 Tanners Bridge Rd, Bethlehem, GA
Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street
Acreage: 6 acres
Square Feet:86,200
Property: Cool Spaces Storage
Location: Conroe, Texas
Year Built: 2021
Brokers and Brokerage [on behalf of the Seller]: Dave Knobler, Mixson Staffel and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 12 acres
Square Feet: 71,520
NRSF: 33,600 (climate-controlled units)
NRSF: 2,500 (traditional non-climate storage units)
NRSF: 35,420 (larger fully enclosed units ideal for parking RVs and boats)
Highlights:
- Has eight single-story buildings
- Has units with roll-up doors
- 28 outdoor parking spots comprise the unit mix
- The property has an attractive metal façade and numerous amenities
- There is a gated entry with a digital keypad
- Has a spacious full-service on-site management office
- 24/7 video surveillance throughout the facility
Property: Acorn Mini Storage
Location: Boca Raton, Florida
Year Constructed / Expanded: 1976 / 1979
Brokers and Brokerage [on behalf of Seller]: Ian Lindahl, Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Broker of Records: Ryan Nee of Marcus & Millichap’s Southeast and Mid-Atlantic Division
Broker and Brokerage [on behalf of Buyer]: Matt Avelar from Commercial Space Realty
Acreage: 2.13 acres
Square Feet: 22,848
Unit Count: 361 units (341 interior climate-controlled units and 18 non-climate-controlled drive-up units)
Highlights:
- Climatizing the majority of the facility since the seller bought the property in 2013
- Contains three self-storage buildings
- Includes two second-floor office spaces for business tenants
- Large institutional style leasing office with retail and security monitor display with 24/7 video surveillance throughout
- Has concrete driveways
- The interior consists of metal roll-up doors and traditional swing doors, while the exterior drive-up units solely consist of traditional swing doors
Property: EZ Storage – Climate Controlled
Location: Newland, NC
Address: 1788 Newland Hwy in Newland, North Carolina
Year Opened: September 2023
Buyer: Regional Investment Group
Brokers and Brokerage: Superior Capital Advisors
Acreage: 1 acre
NRSF: 7,125
Unit Count: 75 climate-controlled units
Highlights:
- 24-hour lighted tenant access capability
- 75 Climate Controlled Units
- Advanced security camera systems
- Keypad access
- Wide asphalt driveways for easy vehicle manoeuvring and loading
Property: Grand Blanc Storage
Location: Grand Blanc, MI
Address: 8006 Holly Road, Grand Blanc, Michigan
Buyer: Citizen Storage
NRSF: 42,000
Highlights:
- The facility offers a diverse mix of climate-controlled units, standard drive-up storage, and RV/boat/vehicle parking
- It becomes Citizen Storage’s third location in the region, joining existing sites in Fenton
- AI-enhanced security upgrades with a full-property security camera system
- Smartphone-enabled gate access, including proximity-based auto-open functionality for added convenience in Michigan weather
- Asphalt replacement and site improvements to improve both curb appeal and functionality
Property: Self-Storage and Outdoor Parking Facility [re-branded as Boardwalk Storage – Reynolds Road]
Location: Hiram, Georgia
Address: 155 Reynolds Road, Hiram, GA 30141
Buyer: Boardwalk Development Group
Highlights:
- This site is less than five years old, and offers 24/7 access to drive-up, non-climate-controlled storage units and outdoor parking spaces for RVs, boats, trailers, and vehicles
- The facility is strategically located in Paulding County, one of Georgia’s fastest-growing regions
- Boardwalk plans to enhance the facility’s amenities to better serve the community, including adding 24,000 SF of climate-controlled storage
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