Recent Transactions: 02.21.2023 – 02.27.2023


Property: Tech Secured Storage
Location:
Tomball, TX
Year Built: between 2019 and 2020
Brokers and Brokerage: Dave Knobler, Brian Kelly, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
Average Household Income: $145,472
Daily Traffic Counts: 30,200 cars/day
NRSF: 60,025
Unit Count: 530
Highlights:

  • Facility is equipped with state-of-the-art technology
  • Booming population growth area of Tomball: there are currently around 68,000 residents within three miles and the area is projected to grow 25% within five years


Property: Absolute Mini Storage
Location: Archdale, NC
Brokers and Brokerage:
Frank DeSalvo and David Perlleshi of Franklin Street
NRSF: 20,000
Unit Count: 166
Highlights:

  • Value-Add self storage facility ideally structured for remote management
  • Opportunity to increase revenue through lease-up and stabilization
  • Secure facility that is fully enclosed with security cameras and keypad access
  • Opportunity to increase revenue through steadily raising standard rates
  • Healthy population of 27,857 within three miles of the property
  • Strategically positioned just off the I-85 Business Loop which sees 71,188 vehicles per day
  • The Piedmont-Triad MSA of North Carolina is the 78th largest in the United States and home to 778,850 residents


Property: Alliance Self Storage
Location: Lockhart, TX
Year Built: 2002
Broker and Brokerage: Jon Danklefs of the Danklefs Group of Marcus & Millichap
Acreage: 5 acres
NRSF: 70,750
Unit Count: 532


Property: Cypress Mini Storage
Location: West Monroe, LA
Brokers and Brokerage: John C. Lindsey, Jim Ritchie and Dezmon Fortenberry of Lindsey Self Storage Group
NRSF: 21,000


Property:
KO Storage of Kings Mountain
Location: Kings Mountain, NC
Brokers and Brokerage: John C. Lindsey and Kirk Martin of Lindsey Self Storage Group
NRSF: 60,300

Property: KO Storage in Twentynine Palm
Location: Twentynine Palms, CA
Brokers and Brokerage: Nathan Coe, Brett R. Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 17,523
Unit Count:
164 climate-controlled self storage units


Portfolio: Three Self Storage Facilities
Location: Riverside, CA
Closing Price: $23 Million
Brokerage: Self Storage Advisory Group of CBRE
Buyer: Baranof Holdings
Seller: KKR
Acreage: 1.61 acres
NRSF:
85,440
Unit Count: 774

Property: Self Storage Facility
Location: Austin, TX
Buyer: Extra Space Storage
Seller: KKR
NRSF:
52,203
Unit Count: 550
Highlights:

  • Property is managed as a Public Storage

Property: Chino Mini Storage
Location: Chino, CA
Closing Price: $18.8 Million
Brokerage: Self Storage Advisory Group of CBRE
Buyer: Westport Properties Inc.
Seller: Legacy Interests LLC
Acreage: 1.61 acres
NRSF:
80,862
Unit Count: 701
Highlights:

  • Outdoor boat, RV and car parking
  • Drive-up electronic-gate access
  • 24-hour video surveillance
  • Perimeter fencing
  • On-site manager

Property: Perry Storage
Location: Spokane, WA
Closing Price: $7 Million
Broker and Brokerage: John Hiller of SVN Cornerstone
Buyer: RDD Holdings LLC
Seller: Legacy Interests LLC
Acreage: 13.5 acres
Square Feet:
47,428
Unit Count: 701

Property: Woodlands Self-Storage
Location: Tulsa, OK
Broker and Brokerage: Brett R. Hatcher of the Hatcher-Coe Group of Marcus & Millichap
Seller: Scottsdale
Acreage: 2.3 acres
Square Feet:
75,300
Unit Count: 660 climate-controlled units

Property: Haltom City Self Storage
Location: Haltom Road, TX
Year Built: 1985
Brokers and Brokerage: Danny Cunningham and Brandon Karr of Marcus & Millichap
NRSF:
39,570
Unit Count: 328

Portfolio: Neighborhood Storage Self Storage 28-property Portfolio
Location: Ocala, FL
Brokers and Brokerage: Nathan Coe, Brett R. Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
Square Feet:
1 Million
Unit Count: 660 climate-controlled and non-climate-controlled units
Physical Occupancy: 85%


Property: Eclipse Storage
Location: Evans, GA
Year Built: 2022
Broker and Brokerage: Michael Morrison of Midcoast Properties Inc.

Property: Lumpkin 400 Storage
Location: Dahlonega, GA
Brokerage: Absolute Storage Management
NRSF:
88,396
Unit Count: 573

Property: My Attic Storage
Location: Pflugerville, TX
Brokerage: Absolute Storage Management
NRSF:
75,282
Unit Count: 547

Property: Bedico Storage Annex
Location: Ponchatoula, LA
Brokerage: Absolute Storage Management
NRSF:
44,590
Unit Count: 259

Property: Fort Worth Self Storage Facility
Location: Haltom City, TX
Year Built: 1985
Brokers and Brokerage: Danny Cunningham and Brandon Karr of Marcus & Millichap
Buyer: Wentworth Property Co.
Acreage: 2.1 acres
Square Feet:
43,527
Rentable Square Feet per Capita: 12.8
Highlights:

  • Six one-story buildings
  • Encompasses non-climate-controlled units
  • Video surveillance
  • Drive-up access
  • Gated entry
  • Moving supplies

Rosewood Property Company has acquired an 814-unit Extra Space Storage facility in Chapel Hill, NC for $24.8 million.
Property: Extra Space Storage Facility
Location: Chapel Hill, NC
Closing Price: $24.8 million
Brokerage: Self Storage Advisory Group of CBRE
Buyer: Rosewood Property Company
Seller:
Carolina Storage Partners, LLC
Square Feet:
76,051
Unit Count: 814
climate-controlled units
Wine Storage Units: 67
Daily Traffic Counts: 28,500 cars/day

Crockett Properties Storage Facilities Sold to Minnesota Company
Portfolio: Three Self Storage Facilities
Location: Harrison, AR
Buyer: KO Storage of Minnetonka
Seller:
Crockett Properties

Property: AAA Storage facility
Location: Old Town Community, OR
Closing Price: $1.1 Million
Buyer: Winston Self Storage LLC
Seller: Old Town Storage LLC
Acreage: 2.15 acres
Square Feet:
93,809

Related posts