Recent Closings: 3.22.22 – 3.28.22

Property: Utah Valley Storage and RV
Location: Orem, UT
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire/Schlosser Group of Marcus & Millichap
NRSF: 76,344
Unit Count: 291
Highlights:

  • Generated 14 Offers
  • Sold for 20% More than Off-Market Offer

Property: Rosemount Self Storage
Location: Portsmouth, OH
Brokers and Brokerage: Sean M. Delaney and H. Paul Robertson of Marcus & Millichap
NRSF: 23,000
Unit Count: 178

Property: The Park Self Storage
Location: Arlington, WA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Tasso Douglas, Jesse Cameron and Jacob Becher of The Hatcher Group of Marcus & Millichap
NRSF: 45,458
Unit Count: 51 Climate-Controlled Units and 260 Non-Climate Controlled Units
Occupancy: 84% (Physical)
Highlights:

  • Closed Over $1 Million Above List Price
  • Seattle MSA, Class A Self Storage Facility
  • Year Built: 2019
  • Individual Door Alarms
  • Excellent Visibility  and Street Frontage
  • High Daily Traffic Counts: 23,000 Cars/Day
  • Easy Access from Interstate 5
  • Growing Surrounding Population: Population within Five Miles has Increased by 43% Since 2000
  • Affluent Market: Average Household Income within Three and Five Miles Is Well Above the National Average

Property: New Storage Development
Location: Staten Island, NY
Brokers and Brokerage: Marc Boorstein of MJ Partners
Buyer: Storage Post
NRSF: 148,000

Property: All Town Storage
Location: Granby, MA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Nathan Coe and Luke Dawley of The Hatcher Group of Marcus & Millichap
NRSF: 34,250
Unit Count: 242 Non Climate-Controlled Units
Room for Expansion: Yes

Property: Jensen Beach Storage
Location: Jensen Beach, FL
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Tasso Douglas, Jesse Cameron and Jacob Becher of The Hatcher Group of Marcus & Millichap
NRSF: 23,644
Unit Count: 105 Climate-Controlled Units, 140 Non-Climate Controlled Units, 80 Lockers, One Apartment and 22 Commercial Spaces
Occupancy: 97% (Physical)
Highlights:

  • Multiple Competitive Offers
  • Excellent Location & Street Frontage
  • High Daily Traffic Counts: 11,400 Cars/Day off NE Jensen Beach Blvd
  • Growing Surrounding Population – 30% Increase Since 2000 within Five Miles of the Facility

Property: Alameda Storage
Location: Denver, CO
Buyer: Andover Properties
NRSF: 74,000

Property: Hwy 380 Self Storage
Location: Caddo Mills, TX
Brokers and Brokerage: Danny Cunningham of Marcus & Millichap
NRSF: 51,520
Unit Count: 289
Room for Expansion: Yes
Highlights:

  • Garage-Style Roll Up Doors
  • Excellent Visibility & Accessibility
  • Boat & RV Storage
  • On-Site Manager’s Office
  • 24/7 Video Surveillance System
  • Two Personalized Key-Pad Gated Entry

Property: Melrose Self Storage
Location: Nashville, TN
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of The Hatcher Group of Marcus & Millichap
NRSF: 53,410
Unit Count: 600 Climate-Controlled Units and 45 Lockers
Occupancy: 91% (Physical)
Year Built: 2018
Highlights:

  • Newly Built, Five-Story Class A Facility
  • Located Two Blocks West of New MLS Soccer Stadium
  • Less than Two Miles from Some of the Densest Developments in Downtown Nashville
  • Located Less Than One Mile from The Fairgrounds which Includes the Development of Nashville SC Stadium and Multiple Mixed-Use Buildings
  • Excellent Visibility and Street Frontage
  • High Daily Traffic Counts: 17,000 Cars/Day off Franklin Pike
  • Affluent Market: Average Household Income within Three and Five Miles is Above the National Average
  • Dense Surrounding Population: 232,560 People Living within a Five-Mile Radius

Portfolio: Tri-Village Three-Property Self Storage Portfolio
Location: Dublin, OH
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of The Hatcher Group of Marcus & Millichap
NRSF: 53,410
Unit Count: 1,653

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