Recent Closings: 6.30.21 – 7.6.21

Property: Luray Business & Self Storage
Location: Luray, VA
NRSF: 30,010
Broker and Brokerage: Lindsey Self Storage Group

 

Property: Old Mill Storage
Location: Concord, NC
NRSF: 43,170
GSF: 62,180
Units: 326 and 40 outdoor parking spaces
Brokerage: The Hatcher Group of Marcus & Millichap
Year Built: 2017
Highlights:

  • Below Market Rents
  • Rapidly Growing Market
  • Five-Mile Population of 96,173 | Represents a 37.43% Increase Since 2000

Property: CubeSmart Self Storage (Managed)
Location: Providence, RI MSA
NRSF: 62,000
Units: 616
Acreage: 2.0
Brokerage: The Hatcher Group of Marcus & Millichap
Year Built: 2018
Room for Expansion: Yes
Highlights:

  • Class A Self Storage Facility
  • Undersupplied Market – 3.47 NRSF per Person within a Three-Mile Radius
  • Excellent Location
  • Professional Management Office
  • Rooftop Solar Panels Dramatically Reduce Site’s Energy Bills and Provide a Sustainable Source of Energy for Years
  • Dense Area – 237,521 Living within Five Miles; 68,235 People Living within Three Miles
  • Affluent Area – Average Household Income of $114,603 of People Living within One Mile

 

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