Recent Transactions: 1.30.2024 – 2.05.2024

Property: Stakit Storage Of Zanesville
Location: Zanesville, OH
Property Address:
5230 Mayville Pike, Zanesville, OH 43791
Year Built: 1993
Brokers and Brokerage: David Perlleshi and Frank DeSalvo of Franklin Street
Acreage: 1.58 acres
NRSF: 14,400
Unit Count: 102
Room For Expansion: Yes (for an additional 6,600 NRSF)
Physically Occupancy: 86.27%
Economically Occupancy: 84.65%
SF/Capita: 5.1 (within five-mile radius)
Vehicles Per Day: 6,024
Highlights:

  • Stabilized non-climate self storage facility
  • Offers enough room for expansion
  • Facility is configured for remote operations allowing for a seamless transition to new ownership

 

 


Property: Leatherwood Self Storage
Location: Anniston, AL
Year Built: 1992, 2000, 2004
Brokers and Brokerage: Frank DeSalvo and David Perlleshi of Franklin Street
Acreage: 2.91 acres
NRSF: 36,823
Unit Count: 171 Units (36 Climate-Control Units, 132 Non-Climate Units, and 3 Retail Shop Spaces)
SF/Capita: 6.7 (within five-mile radius)
Vehicles Per Day: 21,379
Average Household Income: $78,515 (within three-mile radius)
Highlights:

  • Retail shops can be quickly converted to additional climate-control storage due to existing short-term leases
  • Current owner has converted 3,000 sf already plans available
  • Keypad installation for remote access
  • Gate improvements
  • Additional security cameras
  • Multiple roll-up door replacements
  • Asphalt seal & stripe
  • HVAC unit replacements
  • Opportunity to increase revenue through steadily raising in-place rents and bringing street rates up to market

 

 


Property: Shelbyville Storage
Location: Shelbyville, IN
Year Built: 1990
Brokers and Brokerage: David Perlleshi and Frank DeSalvo of Franklin Street
Acreage: 1 acre
NRSF: 17,200
Unit Count: 110
Physical Occupancy: 93.64%
Economic Occupancy: 69.71%

Highlights:

  • Facility is configured for remote management allowing for a seamless transition to new ownership
  • Opportunity to increase revenue through steady rent increases to the existing tenant base and maximizing ancillary & tenant insurance income streams
  • Facility offers strong in-place street rates that are supported by institutional competitor in the market

 

 


Property:
Secure Self Storage
Location: Clinton, UT
Buyer: Mountain West Self Storage
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 101,025
Unit Count: 647 climate and non-climate-controlled units
Highlights:

  • Four one-story buildings
  • Brick front dividers with metal interior walls
  • Standing seam metal roofs
  • Roll-up doors
  • Asphalt driveways
  • Surrounding retailers including Walmart Supercenter, Jersey Mike’s Subs, Walgreens, UPS, O’Reilly Auto Parts, Panda Express, and others

 

 


Property:
AA Access Storage
Location: Clearfield, UT
Property Address: 375 W 1700 South in Clearfield
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of The LeClaire-Schlosser Group of Marcus & Millichap
Square Feet: 50,400
Unit Count: 261 non-climate-controlled units
Highlights:

  • Three one-story buildings
  • The facility has brick front dividers with metal interior walls
  • Standing seam metal roofs
  • Roll-up doors
  • Asphalt driveways

 

 

Compass Self Storage has acquired their 19th location in the greater Atlanta area with a new location in Conyers, GA.
Property:
Class A Self Storage Facility
Location: Conyers, GA
Property Address: 1050 Flat Shoals Rd SE in Conyers, Georgia
Buyer: Compass Self Storage (a member of the Amsdell family of companies)
NRSF: 73,500
Highlights:

  • Offers both drive up and climate-controlled units
  • Individual unit access control
  • 24-hour digital surveillance
  • Offers a full line of boxes and packing supplies and moving service options

 


Portfolio:
DRD Mini Storage Portfolio
Location: Kingfisher, OK
Brokers and Brokerage: Dave Knobler, Charles LeClaire and Steve Greer of Marcus & Millichap
NRSF: 58,760 (combined)
Unit Count:
426 units

 

Property: Development Property (for Self Storage)
Location: Killeen, TX
Buyer: Amy’s Attic Self Storage
Square Feet: 105,000
Highlights:

  • Energy-efficient climate control systems
  • Advanced access controls
  • Security amenities

 

 

Aerial shot of CubeSmart facility in Ridgecrest, Calif.
Property:
Self Storage Property (CubeSmart-managed)
Location: Ridgecrest, CA
Property Address: 909 S. China Lake Blvd. in Ridgecrest, CA
Closing Deal: $5.7 Million
Seller: Hix Snedeker Cos.
Brokers and Brokerage: Dean Trammell, Adam Schlosser and Jim Markel of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage: 11 acres
Square feet: 48,450
Unit Count:
457 first-floor, climate-controlled units
Highlights:

  • Video surveillance
  • On-site management
  • Drive-up access
  • Contactless renting
  • Moving supplies
  • Gated access outdoor parking
  • The facility is one of the five available within a 3-mile radius

 

 

Property: Self-Storage Portfolio (Seven-Property – continues to operate under the Hill and Home Storage brand)
Location: Grand Junction, CO
Buyer: DXD Capital (DXD Self Storage Fund II)
Third-Party Manager: StoragePro
Brokers and Brokerage: Adam Schlosser and Thomas Parsons of The LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 135,588
Unit Count: 923 units
Highlights:

  • Increased security measures
  • ADA paving projects at some facilities

 

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