Recent Closings: 11.2.21 – 11.8.21

Property: Alta Vista Storage
Location: League City, TX
Broker and Brokerage: Dave Knobler of  The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 34,100
Unit Count: 358 Climate Controlled
Acreage: 8.4
Room for Expansion: 3.7 Acres
Highlights:

  • Attractive Facade
  • Vertical Pivot Gated Entry with Digital Keypad
  • Full-Service On-Site Management Office
  • 24/7 Video Surveillance
  • Concrete Driveways
  • Roll-Up Doors

Property: Cumberland Storage
Location: Tyler, TX
Broker and Brokerage: Dave Knobler and Charles “Chico” LeClaire of  The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 61,713
Unit Count: 539 Climate Controlled
Occupancy: 100%
Year Built: 1999/2012/2016
Acreage: 2.4
Highlights:

  • Full-Service On-Site Management Office and Showroom
  • 24/7 Video Surveillance
  • Digital Keypad Entry
  • Multiple Covered Loading/Unloading Areas

Property: Magnolia Parkway Storage
Location: Magnolia, TX
Broker and Brokerage: Dave Knobler and Charles “Chico” LeClaire of  The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 44,933
Unit Count: 210 Climate Controlled Units (27,125 NRSF), 77 Non-Climate Units (14,305 NRSF) and Three Office Warehouse Spaces
Acreage: 5.28
Room for Expansion: 197 Units Engineered and Ready for Permitting
Highlights:

  • Full-Service On-Site Management Office
  • 24/7 Video Surveillance
  • Digital Keypad Entry
  • Covered Loading/Unloading Areas
  • Concrete Driveways
  • Roll-Up Doors

Property: Muni Storage
Location: Twin Falls, ID
Broker and Brokerage: Jordan Farrer and Adam Schlosser of Marcus & Millichap
NRSF: 135,445
Unit Count: 881 Units and 97 RV Spaces
Room for Expansion: Yes
Year Built: 2009/2019

Property: The Storage Center
Location: Murray, UT
Broker and Brokerage: Jordan Farrer and Adam Schlosser of Marcus & Millichap
NRSF: 100,450
Unit Count: 570
Year Built: 1976/1992
Highlights:

  • Multiple Offers Generated
  • 20% Increase in Sales Price from Best Off-Market Offer
  • Excellent Visibility – 200,000 VPD
  • Leasing Office
  • Resident Manager’s Quarters

Property: River City Self Storage
Location: Post Falls, ID
Broker and Brokerage: Ryan Layton of American Real Estate Associates
Cap Rate: 6%
NRSF: 16,500
Unit Count: 132
Acreage: 1.21
Occupancy: 95%
Highlights:

  • Value-Add Opportunity through Rent Increase to Meet Market
  • High Occupancy

Property: Lawrenceville, GA Self Storage Facility
Location: Lawrenceville, GA
Buyer: Snapbox Self Storage
NRSF: 95,333
Unit Count: 859
Highlights:

  • Class-A Facility
  • Climate Control and Drive-Up Access Storage Units

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