Property: U-Haul
Closing Price: $18 Million
Location: East Wenatchee, WA
Broker and Brokerage: Christopher Secreto of Marcus & Millichap
Property: KO Storage
Closing Price: $4.39 Million
Location: Rochester, MN
Buyer: Storage Rentals of America
Seller: KO Storage
NRSF: 52,500
Unit Count: 332
Property: KO Storage
Closing Price: $2.1 Million
Location: Austin, TX
Buyer: Storage Rentals of America
Seller: KO Storage
Property: U-Stor-It
Location: Crete, IL
Brokers and Brokerage: Jeffrey L. Herrmann and Sean M. Delaney of Marcus & Millichap
NRSF: 30,860
Room for Expansion: Yes, 34,000 NRSF
Occupancy: 91%
Property: Prime Storage
Closing Price: $18 Million
Location: East Wenatchee, WA
Broker and Brokerage: Dave Knobler and Charles “Chico” LeClaire of the LeClaire Schlosser of Marcus & Millichap
NRSF: 189,088
Unit Count: 1,326
Year Built/Expanded: 2002/2017
Property: Create Space Storage
Location: Amarillo, TX
Brokers and Brokerage: Cameron Vale, Parker Sweet and Josh Cato of Berkshire Hathaway
NRSF: 31,912
Unit Count: 278
Property: Starpar Storage
Location: Sebring, FL
Buyer: U-Haul
Unit Count: 575
Acreage: 13.0
Property: Crooked Creek Boat & RV Storage
Location: West Union, SC
Broker and Brokerage: Michael Morrison of Midcoast Properties
Acreage: 10.36
Room for Expansion: Yes
Property: BuxBear Storage
Location: Colorado Springs, CO
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap and Adam Schlosser of the LeClaire Schlosser Group of Marcus & Millichap
NRSF: 111,360
Unit Count: 139 Non-Climate Controlled and 466 Climate Controlled Units
Year Built: 2020
Highlights:
- Went Under Contract in Ten Days
- Newly Built, Class-A Self Storage Facility
- Self Service Kiosks
- On-Site Live-In Professional Management Office
- Excellent Visibility and Street Frontage
- Convenient Location and Easily Accessible – Nearby U.S. Route 24
- High Daily Traffic Counts: 34,000 Cars/Day
- Dense and Growing Surrounding Population: 197,818 People within a Five Mile Radius
Property: Sunset Self Storage
Location: Winton, CA
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Nathan Coe of the Hatcher Coe Group of Marcus & Millichap
NRSF: 48,850
Unit Count: 359 Non-Climate Controlled Units and Four Parking Spaces
Physical Occupancy: 98%
Highlights:
- Excellent Location and Street Frontage
- High Daily Traffic Counts: 11,400 Cars/Day
- Growing Surrounding Population – 35% Population Increase within Five Miles of the Facility Since 2000
Property: Crawford Street Storage
Location: Salina, KS
Brokers and Brokerage: Robert Cook and Sean M. Delaney of Marcus & Millichap
NRSF: 11,250
Room for Expansion: Yes, 34,440 NRSF
Occupancy: 93%
Property: Interstate Storage
Location: Kansas City, KS
Brokers and Brokerage: Robert Cook and Sean M. Delaney of Marcus & Millichap
NRSF: 13,432
Unit Count: 115 Non-Climate Controlled Units
Room for Expansion: Yes
Property: CubeSmart Self Storage (Managed)
Location: Charlotte, NC
Brokers and Brokerage: Zachary Urow, Scott Schoettlin and Bryce Josepher of SkyView Advisors
NRSF: 72,725
Unit Count: 6600
Acreage: 7.37
Room for Expansion: Yes
- Highlights: New Owner Has a Prime Opportunity to Lease-Up a Brand-New Class-A Facility in a Low Supply Market
- Ability to Increase Rates by 16.5% to Reach Market Levels Upon Stabilization
- Robust Economic Lease-Up of 25% in the Past 10 Months
- Facility Is Ideally Situated Along Two Major Roadways Yielding 70,000 Vehicles per Day
- Above Average Median Household Income of $95,000 in the Immediate Trade Area
- High Population Growth Rate of 2.33%
- Benefits from Close Proximity to High-Traffic Retailers and Limited Competition within Three Miles
Property: Store It All Self Storage
Location: Oklahoma City, OK
Brokers and Brokerage: Brandon Karr, Danny Cunningham and Bryan Quaschnick of the Karr Cunningham Group of Marcus & Millichap
NRSF: 118,615
Unit Count: 479
Highlights:
- Perimeter Fencing and Lighting
- 24/7 Video Surveillance System
- Personalized Key-Pad Gated Entry and Exit
- Wide Concrete Driveways
- Garage-Style Roll Up Doors
- Professional Leasing Office
Property: Certificate of Occupancy Facility
Location: Tempe, AZ
Broker and Brokerage: Norm Herd of Quantum Property Advisors
Buyer: Wentworth Property Company
Seller: WDP/Kitchell
NRSF: 80,059
Unit Count: 793
Portfolio: Two-Property Portfolio
Locations: Lady Lake and Wildwood, FL
Buyer: Strategic Storage Growth Trust III, Inc.
NRSF: 187,400
Unit Count: 1,760 Units and 120 RV and Boat Spaces
