Property: Pine Island Storage
Location: St. James City, FL
Brokers and Brokerage: Meir Perlmuter, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 41,085
Unit Count: 343
Highlights:
- Over $50,000 In Capital Improvements: LED Lighting, Paint, Siding, Roof Touch-Ups
- Closest Storage Facility Is Six Miles Away
- In 2011, a Photo Voltaic Solar System was Installed Reducing Energy Usage to Zero
Property: Cherryville Self Storage
Location: Cherryville, PA
Brokers and Brokerage: Luke Dawley, Brett Hatcher, Nathan Coe and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 58,075
Unit Count: 89 Climate-Controlled Units | 315 Non-Climate Controlled Units
Occupancy: 100% (Physical)
Year Built: 1998/2007
Highlights:
- Allentown, Pennsylvania MSA Self Storage Facility
- Multiple Offers Above List Price
- Closed Well Above List Price
- Little Competition: Only Climate-Controlled Facility within a 7.50 Mile Radius
- Great Visibility Along Blue Mountain Drive
- Population has Increased by 8% Since the Year 2000 within a Five Mile Radius
Property: Country View Storage
Location: Staunton, IL
Brokers and Brokerage: Marla Čolić and Anne Williams-Blackwell of the Williams Group of Marcus & Millichap
NRSF: 35,123
Unit Count: 240 Non-Climate Controlled Units | 12 Parking Spaces | 10 Containers | Two Commercial Spaces
Occupancy: 98% (Physical)
Room for Expansion: Yes
Highlights:
- Year One Cash-on-Cash of 10.82%
- Cash Flowing
- Well-Maintained Facility
Property: Life Storage/SoBro Storage
Closing Price: $14,800,000
Location: Nashville, TN
Brokers and Brokerage: Aaron Sanchez and Ryan Clark of SkyView Advisors
Buyer: Public Storage
Seller: Beau Fowler and Taylor Preston
NRSF: 58,229
Unit Count: 685
Year Built: 2017
Property: The Storage Place
Location: Mesquite, TX
Brokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quaschnick of the Karr Group of Marcus & Millichap
NRSF: 73,990
Unit Count: 553
Highlights:
- Transacted Above the List Price
- Undersupplied Market
- Garage-Style Roll Up Doors
- Perimeter Fencing and Lighting
- Fortress-Style Masonry Wall
- 24-Hour Video Surveillance Cameras
- Wide Concrete Driveways
- Full Business and Shipping Center
- Excellent Visibility & Accessibility
- Personalized Key-Pad Gated Entry
Property: North Austin Self Storage Portfolio
Location: Round Rock and Pflugerville, TX
Brokers and Brokerage: Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 488,442
Unit Count: 1,896 Climate and Non-Climate Controlled
Occupancy: 90% (Physical)
Highlights:
- Three Stabilized Class A Self Storage Facilities
- CR 110 Location Has Enclosed and Covered Parking
- Below Market Rents at All Three Locations
- Quick Lease-Up at Pflugerville Location Since Opening
- High Daily Traffic Counts: CR 110: 3,200 Cars/Day | Pflugerville: 18,000 Cars/Day
- Extremely Dense, Growing and Affluent Markets
- Population within a Five-Mile Radius of All Three Locations Has Increased Over 200% Since the Year 2000 | Expected to Grow Another 18% in the Next Five Years
Property: Sea Coast Self Storage
Location: Fort Pierce, FL
Buyer: Andover Properties, LLC.
NRSF: 33,000
Unit Count: 400
Room for Expansion: Yes
