Property: Old Town Storage
Location: Winston Salem, NC
Brokers and Brokerage: Nathan Coe, Gabriel Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 7,200
Unit Count: 75 non-climate-controlled units and 40 parking spaces
Physical Occupancy: 83%
Highlights:
- Dense & growing surrounding population: 92,976 people living within five-miles – which represents a 19% increase since 2000
- Affluent market: $93,825 average household income within five-miles of the facility
Portfolio: All Steel Storage Two Property Portfolio
Location: Lake Placid & Sebring, FL
Brokers and Brokerage: Gabriel Coe, Brett Hatcher, Nathan Coe and Meir Perlmuter of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 42,754
Unit Count: 277 non-climate / climate-controlled units
Physical Occupancy: 83%
Highlights:
- 24-Hour Video Surveillance at Both Locations
- Expansion Room Available at Sebring
- Excellent Visibility & Easily Accessible Locations
- High Daily Traffic Counts at Both Locations
- Growing Surrounding Populations
Property: U-Stor-It
Location: Lansing, MI
Year Built: 1988
Brokers and Brokerage: Gabriel Coe, Brett Hatcher, Nathan Coe and Meir Perlmuter of the Hatcher-Coe Group of Marcus & Millichap
Buyer: U-Haul
Acreage: 2.5 acres
Square Feet: 41,600
Unit Count: 385 non-climate-controlled units
Highlights:
- Video surveillance
- 24-hour access
- Gated entry and drive-up access
Portfolio: Two Property Self Storage Portfolio
Location: Jonestown, PA
Year Built: 2021 and 2022
Brokers and Brokerage: Luke Dawley, Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap
NRSF: 42,380
Unit Count: 266 non-climate-controlled units and 5 parking spaces
Physical Occupancy: 95%
Highlights:
- Inside Out Storage Renovations: Ownership Added 33 New Doors, Built a New Office, Drilled New Well, Replaced All Damaged Exterior Skins, Added All New Lights on Buildings, and All New Underground Electrical With New Panel in 2021
- Great Visibility at Both Locations
- Growing Surrounding Population: 25% Increase Since 2000 Within Five Miles
Property: CubeSmart Managed Self Storage Facility
Location: Broussard, LA
Closing Price: $14 Million
Year Built: 2008
Brokers and Brokerage: Greenhalgh, Jake Payne and Lee Thornton of Marcus & Millichap
Acreage: 8.8 acres
Square Feet: 83,675
Unit Count: 704 climate and non-climate-controlled units
Physical Occupancy: 95%
Highlights:
- Has excellent upside through management and future expansion
