Recent Transactions: 8.2.2022 – 8.8.2022

Portfolio: Aubin Lane Self Storage
Closing Price: $18.8 Million
Locations: Elkton and Northeast Parts of Cecil County, MD
Brokers and Brokerage: Andrew Meeder and Tom Mottley of MacKenzie Commercial Real Estate Services
NRSF: 125,000
Unit Count: 883

Property: Jetport Boat & RV Storage
Location: Fort Myers, FL
Brokers and Brokerage: Jordan Farrer and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 117,552
Unit Count: 239

Property: Aubin Lane Self Storage
Closing Price: $1.25 Million
Buyer: Wong Cubes, LLC
Location: Baton Rouge, LA

Portfolio: Minnesota 24-Property Portfolio
Location: In and Around the Minneapolis, MN MSA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 700,481
Unit Count: 3,737
Physical Occupancy: 90%
Room for Expansion: Yes, at Four Facilities
Highlights:

  • Large, Stabilized Self Storage Portfolio
  • Excellent Visibility and Easily Accessible Locations

Property: Papa’s Lockers Self Storage
Location: Arlington, WA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Nathan Coe and Jesse Cameron of the Hatcher Coe Group of Marcus & Millichap
NRSF: 35,031
Unit Count: 189 Non-Climate Controlled Units and 16 Parking Spaces
Physical Occupancy: 93%
Highlights:

  • Affluent Market
  • Excellent Location and Street Frontage
  • High Daily Traffic Counts (Cars/Day): 107,000 off I-5 & 23,000 Off Smokey Point Blvd
  • Dense and Growing Surrounding Population – 42% Population Growth within Five Miles Since 2000

Property: Coastal Boat & RV Storage
Location: Angleton, TX
Brokers and Brokerage: Dave Knobler and Charles “Chico” LeClaire of the LeClaire-Schlosser Group of Marcus & Millichap
NRSF: 191,294
Unit Count: 376
Acreage: 20.34
Year Built: 2017
Year Expanded: 2020

Property: Woodland Self Storage
Location: Austin, TX
Broker and Brokerage: Steve Mellon, Brian Somoza, Adam Roossien and Matthew Wheeler of JLL Capital Markets
NRSF: 92,288
Unit Count: 952
Year Built: 2019
Occupancy: 91%

Property: All About Storage
Location: Portland, TN
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 51,170
Unit Count: 209 Non-Climate Controlled, 55 Climate Controlled Units, One Office and One Apartment
Physical Occupancy: 95%
Highlights:

  • Great Visibility Along North Broadway
  • Population has Increased by Over 50% Since the Year 2000 within a Five Mile Radius

Property: Flying D Mini Storage
Location: Billings, MT
Broker and Brokerage: Kim Van Delinder and Larry Hayes of Hayes & Associates, an Argus Self Storage Advisors Broker Affiliate
NRSF: 16,920
Unit Count: 102
Acreage: 4.248
Room for Expansion: Yes, 130 Additional Units

Property: Tri-Village Self Storage
Location: Georgetown, KY
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 46,200
Unit Count: 265 Non-Climate Controlled and 48 Climate Controlled Units
Year Built: 2020

Property: Chantilly Storage & Chantilly Place
Location: Milton, FL
Broker and Brokerage: Stuart P. LaGroue and Bill Barnhill of Argus Self Storage Advisors
NRSF: 76,200
Unit Count: 401 Climate-Controlled Units

Property: Granby Self Serv Storage
Location: Joplin, MO
Broker and Brokerage: Kirk Martin of the Lindsey Self Storage Group
NRSF: 25,689

Property: Niceville Loc-N-Stor
Location: Niceville, FL
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Nathan Coe and Meir Perlmuter of the Hatcher Coe Group of Marcus & Millichap
NRSF: 23,776
Unit Count: 199 Climate Controlled, 24 Non-Climate Controlled Units and Ten Parking Spaces
Physical Occupancy: 94%
Highlights:

  • Excellent Street Frontage and Visibility Along Government Ave
  • High Daily Traffic Counts: 21,000 Cars/Day
  • Affluent Market: Avg. Household Income within Five Miles Is Above the National Average
  • Growing Surrounding Population
  • Located about 20 Miles from Destin, FL

Property: Oakland Road Self Storage
Location: San Jose, CA
Broker and Brokerage: Tom de Jong of the de Jong | Becher Self Storage Team at Colliers
NRSF: 52,974
Unit Count: 480
Year Built: 2018
Occupancy: 91%

Property: Granite City Storage
Location: Mt Airy, NC
Broker and Brokerage: Michael Morrison of Midcoast Properties
NRSF: 53,986
Unit Count: 402
Acreage: 7.0

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