Recent Transactions: 6.11.2024 – 6.17.2024


Property:
Self Storage of Beach Park (will operate under the Storage Express brand)
Location: Beach Park, IL
Year Built: 2021
Buyer: Extra Space Storage
Broker and Brokerage:
Sean M. Delaney of Marcus & Millichap
Square Feet: 57,050
Unit Count: 197 non-climate-controlled and 250 climate-controlled units
Average Monthly Revenue Growth: 4.28% (from June 2022)

 

 


Property:
McKinley Penn Self-Lock Storage
Location: Osceola, IN
Address: 10386 McKinley Highwy, Osceola, Indiana
Brokers and Brokerage: Sean M. Delaney and Josh Caruana of Marcus & Millichap
Square Feet: 33,380
Unit Count: 164 units
Vehicles Per Day: 12,000 ( along McKinley Highway/Old US-20 between Elkhart and Mishawaka, Indiana)
Highlights:

  • Two new buildings
  • Roofs
  • Updated security features
  • New insomniac kiosk
  • 2.27 square feet per capital of non-climate-controlled storage in the three-mile radius

 

 


Property:
Affordable Storage
Location: Clute, TX
Seller:
Fab Legacy, LLC
Buyer: LAGO Properties, LLC
Brokers and Brokerage: Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal
NRSF: 46,785
Unit Count: 440 units

 

 


Portfolio: Clark Storage (Three Facilities)
Location: Shenandoah, IA
Brokers and Brokerage: Tom Flannigan, Alex Ihrke, Nathan Gottlieb, and Matt Haugen of Argus
NRSF: 38,760 (Combined)
Unit Count: 250 drive-up units

 

 


Portfolio:
S&D Storage Portfolio (two property storage portfolio)
Location: Point Blank, TX
Year Built: 2019
Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of The LeClaire-Schlosser Group of Marcus & Millichap
Acreage:
7.59 acres (Combined)
NRSF: 48,871
Unit Count: 97 climate-controlled and 103 drive-up non-climate storage units plus 29 outdoor parking spaces
Highlights:

  • Nine single-story buildings
  • Features two properties located approximately three miles apart in Point Blank, Texas
  • There is a brand new 2,631 square foot building included in the unit mix that is scheduled to open
  • The property on Boat Launch Road was built in 2004
  • The property on Boat Launch Road was built in 2004
  • Concrete driveways
  • Roll-up doors
  • Perimeter chain-link fencing
  • Video surveillance
  • On-site manager’s offices

 

Property: Self-Storage Facility (Storage King USA brand)
Location: Mesquite, TX
Broker and Brokerage: Brandon Karr of The Karr-Cunningham Storage Team of Marcus & Millichap
NRSF: 73,999
Unit Count: 553 units

 

Property: Access Storage
Location: Corpus Christi, TX
Year Built: 2003
Brokers and Brokerage: Brian Kelly, Brett R. Hatcher, Gabriel Coe, Luke Sullivan, Tim Speck and Nathan Coe of The Hatcher Coe Group of Marcus & Millichap
NRSF: 83,223
Unit Count: 626 units
Highlights:

  • Both climate-controlled and non-climate-controlled units are available
  • Outdoor parking spaces are available for rent
  • Opportunity to grow revenue through the implementation of third party management

 

 

Sedro-Woolley Mini Storage
Property:
Sedro-Woolley Mini Storage
Location: Sedro-Woolley, WA
Address:
1024 Raby Lane, Sedro-Woolley, Washington
Buyer: West Coast Self-Storage Group
Square Feet: 57,663
Unit Count: 463 units
Highlights:

  • Provides a variety of storage unit sizes, ranging from 4×4 to 14×40
  • Offers covered RV and boat storage
  • Video surveillance and gated entry
  • Offers extended access hours from 8:30 am to 8:30 pm daily
  • Online system for rentals and reservations
  • Packing and moving supplies are available on-site

 

 

Passive Storage Investing Celebrates Acquisition of Westerville, OH Project
Property: Peoples Choice Storage
Location: Westerville, OH
Address: 10816 Fancher Road, Westerville, OH 43082
Buyer: Passive Storage Investing
Highlights:

  • Located near Intel’s new $20 billion factory
  • 19% targeted IRR
  • 20% projected annual return

 

 

______________________________________________________________________________________________________

Do you have a closed/recent transaction to add? Send us the details at info@listselfstorage.com

Related posts