Recent Transactions: 04.11.2023 – 04.17.2023


Property:
A-1 Lakeview Safe Storage
Location: Fayetteville, NC
Brokers and Brokerage: Jonathan Fawley, Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF:
23,500
Unit Count: 167 climate-controlled and non-climate controlled units plus 15 outdoor parking spaces
Physical Occupancy:95%
Highlights:

  • Multiple offers At and Above list price
  • Room for expansion
  • Room to build on-site management office
  • Dense & growing surrounding population: 81,090 people living within a five-mile radius represents a 47%increase since 2000


Property:
Self Storage Facility
Location: Rolla, MO
Brokers and Brokerage: Marla Čolić and Anne Williams of Marcus & Millichap
Office Space: 400 Sq Ft
Unit Count: 221 non-climate-controlled units plus 8 parking spaces
Physical Occupancy:93%

 

A satellite view of a large property bounded by yellow lines
Portfolio: Two Parcels Of Land for Self Storages
Location: Auburn, AL
Closing Price: $4 Million
Seller: R & I Real Estate Development ( nine-acre parcel of land at Route 20)
Buyer: Delaware corporation TSP 1 MA LLC (nine-acre parcel of land at Route 20)
Seller: M. Hill Companies (property at 317 Washington St.)
Buyer: 317 Washington Holdings, LLC (property at 317 Washington St.)

 

Property: Knoxville, TN Storage Opportunity
Location: Knoxville, TN
Closing Price:
$11.8 Million
Year Built: 2022
Buyer:
Platinum Storage Group
Brokers and Brokerage: Gabriel Coe, Nathan Coe, Brett Hatcher and Jody McKibben of the Hatcher Coe Group of Marcus & Millichap
Acreage: 5.2 acres
NRSF: 86,966
Unit Count: 504 climate-controlled and non-climate-controlled units plus 20 covered parking spaces

 


Portfolio: ASAP Storage Portfolio (Three Facilities)
Locations: Temple and Villa Rica, GA
Buyer: 10 Federal
Square Feet: 96,000
Unit Count: 664 units and 70 parking spaces

 


Property: Advanced Mini Storage
Location: Zachary, LA
Closing Price: $2.8 Million

 

Portfolio: Two California Self Storage Sites
Locations: Woodland Hills and Diamond Bar, CA
Closing Price: $69.6 Million
Buyer: William Warren Group
Seller: Storage Etc.

 

Property: Sun Basin Self Stor
Location: Othello, WA
Closing Price: $5.5 Million
Broker and Brokerage: Christopher Secreto of Marcus & Millichap
Square Feet: 69,000
Unit Count: 510 units
Physical Occupancy: 91%


Property:
Premier Storage of Akron
Location: Akron, OH
Year Built: 1995
Brokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 21,200
Unit Count: 148 non-climate-controlled units

 


Property: Self-Storage Facility
Location: Watseka, IL
Buyer: Just Simple Storage
Seller: Pebble Ridge Capital
Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street
NRSF: 12,600
Unit Count: 104 units

Property: Class A Storage
Location: Elberta, AL
Closing Price:
$1.85 Million
Buyer: A-Affordable Boat & RV Storage
Brokers and Brokerage: Stuart P. LaGroue and Bill Barnhill of Argus Self Storage Advisors
Acreage: 16.14 acres
Boat and RV:
37 open boat and RV parking spaces
NRSF:
19,800
Unit Count: 98 climate-controlled units
NRSF: 11,250
Highlights:

  • Plenty of opportunity to expand the facility in to a much larger Boat and RV storage facility

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