Portfolio: Eight-Property East Texas Self Storage
Location: Dallas-Fort Worth Metroplex and East Texas
Broker and Brokerage: Brandon Karr of Marcus & Millichap
Buyers: LandPark Co. and Sunset Capital JV
NRSF: 236,009
Unit Count: 1,440
Highlights:
- Eight facilities, comprised of 11 individual parcels, located in five different counties
- Exposure in Dallas-Fort Worth Metroplex (4th largest market in the US)
- Operational efficiencies available via management consolidation
Portfolio: AmeriStorage Four-Property Portfolio
Location: Andover, OH as well as Edinboro, Meadville and Saegertown, PA
Brokers and Brokerage: Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 78,360
Unit Count: 551
Highlights:
- Room for expansion at most locations
- 71 parking spaces
- Historically 100% physically occupied, currently lower due to recent expansion at the Edinboro site
Property: Stuff Hotel Self Storage
Location: Denton, TX
Brokers and Brokerage: Brandon Karr, Jon Danklefs and Danny Cunningham of Marcus & Millichap
Unit Count: 440
Property: Cambridge Mini Storage
Location: Norman, OK
Brokers and Brokerage: Bryan Quaschnick, Brandon Karr and Danny Cunningham of the Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 87,700
Unit Count: 754
Physical occupancy (July 2022): 90%
Economic occupancy (July 2022): 63%
Highlights:
- Attractive submarket fundamentals with high population growth rates
- Wide concrete driveways
- 24/7 digital video surveillance system
- Personalized keypad gated entry and exit
- Garage style roll-up doors
- Onsite residence
- Professional leasing office
- Individual alarmed units
- Perimeter fencing and lighting
Portfolio: Central California Self Storage Portfolio
Location: Central Valley, CA
Brokers and Brokerage: Scott Schoettlin and Bryce Josepher of SkyView Advisors
NRSF: 244,264
Unit Count: 2034
Highlights:
- The subject properties offer 41 buildings of premium self storage options
- All four properties are ideally situated in the Modesto-Merced combined statistical area in Central California
- All properties are strategically positioned along high traffic roads with an average of 20,340 +VPD
- Expansion opportunity of 18,000 NRSF for the Ceres asset along with 7,000 square feet
- Expansion potential at Los Banos facility
Property: Grand River Storage Co.
Location: Grand Ledge, MI
Brokers and Brokerage: Cameron Vale, Parker Sweet and Matt Brandal of BKH Commercial Real Estate group of Berkshire Hathaway
NRSF: 39,800
Unit Count: 248
Property: Mooresville Self Storage
Location: Mooresville, NC
Year Built: 1999
Brokers and Brokerage: Anne Williams-Blackwell and Ben Yelm of Marcus & Millichap
Square Feet: 42,600
Acreage: 4.19
Unit Count: 275
Highlights:
- Spacious and newly renovated retail office
- LED lighting
- Newly upgraded PTI keypads used for entry and exit
- Motion lights in the interior hallways
- ADA-compliant units
- 15 security cameras
- DVR system that supports up to 16 cameras
Property: Budget Self Storage
Location: Pleasanton, TX
Broker and Brokerage: Jon Danklefs of Marcus & Millichap
Unit Count: 234
Property: Camp Lane Storage
Location: Amarillo, TX
Brokers and Brokerage: Arol Horkavy and Jon Danklefs of Marcus & Millichap
Unit Count: 197
