Recent Closings: 6.28.2022 – 7.4.2022

Property: U-Storage
Closing Price: $4.45 Million
Location: Las Vegas, NV
Brokers and Brokerage: Nick Kornieck, Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap
NRSF: 36,400
Unit Count: 348
Acreage: 6.1
Cap Rate: 5.5%
Property: Extra Space Storage (Managed)
Location: Kansas City, MO
Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 117,390
Unit Count: 951 Climate Controlled Units and 21 Parking Spaces
Room for Expansion: Yes
Highlights:
  • Newly Converted, Class A Self Storage Facility
  • High Daily Traffic Counts (Cars/Day): NE Chouteau Trafficway: 7,200 | N Antioch Rd: 28,800
  • Dense Population: 138,905 People Living within Five Miles
  • Undersaturated Self Storage Market: 4.08 NRSF of Storage/Capita within Three Miles; 5.87 NRSF of Storage/Capita within Five Miles
Property: Denver, CO MSA Facility
Location: Aurora, CO
Buyer: SmartStop Self Storage REIT
NRSF: 55,707
Year Built: 2018

Property: The Base Group Temperature Controlled Storage
Location: Muncie, IN
Brokers and Brokerage: George Kondracke, Brett Hatcher, Brian Kelly and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 19,389
Unit Count: 116 Climate Controlled Units and One Warehouse
Physical Occupancy: 95%
Room for Expansion: 7,000 GSF
Year Built/Updated: 1973/2021
Highlights:
  • All Climate Controlled Self Storage Facility
  • Located Under a Mile From the Muncie Mall
Properties: Two Newly Built Facilities
Location: Elizabeth and Perth Amboy, NJ
Buyer: Storage Post Self Storage

NRSF: 227,000

Property: DeYoung Mini Storage
Location: Eagle Grove, IA
Brokers and Brokerage: Kirk Martin of Lindsey Self Storage Group

NRSF: 21,372

Portfolio: Two-Property Moove In Self Storage Portfolio
Closing Price: $14.7 Million
Location: Forks Township, PA
Brokerage: CBRE

Property: Lock N Leave Self-Storage
Location: New Haven, MI
NRSF: 20,000
Acreage: 11.0
Room for Expansion: 100,000 GSF and 300 Outdoor Parking Spaces

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