Property: Public Storage (Managed) Three Property Portfolio
Location: Chattanooga, TN and Greenville, SC
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 154,840
Unit Count: 1,453 Climate Controlled
Room for Expansion: Yes
Occupancy: 87% Combined (Physical)
Highlights:
- Institutional Class-A Three Property Portfolio
- Two Locations in Chattanooga, TN – 3 Miles Apart from Each Other and One Located in Greenville, SC
- Available Expansion for 20 Additional Lockers at Downtown Location
- Excellent Locations and Street Frontage
- High Daily Traffic Counts: NorthShore: 18,000 Cars/Day | Downtown: 7,000 Cars/Day | Greenville: 29,300 Cars/Day
- Densely Populated Surrounding Populations at All Three Locations
Properties: Village Self Storage and Dardanelle Mini Storage (Arkansas Portfolio)
Locations: Hot Springs Village and Dardanelle, AR
Brokers and Brokerage: John Lindsey and Jim Ritchie of Lindsey Self Storage Group
NRSF: 127,185
Property: Thornton Road Self Storage
Location: Stockton, CA
Brokers and Brokerage: Jacob Becher, Tasso Douglas, Jesse Cameron, Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 78,743
Unit Count: 689 Non-Climate Controlled
Occupancy: 100% (Physical)
Highlights:
- Class-A Self Storage Facility
- State of the Art Security System
- Below Market Rents
- Opportunity to Implement Tenant Insurance Plan
- Undersaturated Self Storage Market: 6.58 NRSF/Person within a Three-Mile Radius
- Great Visibility along Thornton Road
- High Daily Traffic Count: 9,000 Cars per Day
- Densely Populated Area: 137,850 People Living within Three Miles; 240,224 People Living within Five Miles
Property: Storage 365 Centerville
Location: Garland, TX
Buyer: Andover Properties
NRSF: 78,720
Units: 678
Occupancy: 98.4%
Highlights:
- High-Quality Build
- Visibility on Centerville Road (26,500 Vehicles per Day)
- Single-Story Facility
Property: Jeff Road Extra Storage
Location: Huntsville, AL
Brokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher Group of Marcus & Millichap
NRSF: 20,200
Room for Expansion: 70,000-90,000 NRSF
Occupancy: 85% (Physical)
Acreage: 6.10
Year Built: March 2019
Highlights:
- 4 Bed/3Bath Home on the Property – 2,704 SF
- Great Visibility off Jeff Road Northwest
- Affluent Market: Avg. Household Income of $115,544 of People Living within Three Miles
- Dense Population: 110,000 People Living within a Five-Mile Radius
- Population has Increased by Over 67% Since the Year 2000 within a Five-Mile Radius