Properties: Two Extra Space Storage Managed Facilities
Closing Price: $23.6 Million
Locations: Mooresville and Salisbury, NC
Brokers and Brokerage: Morgan Windbiel of CBRE
Acreage: 2.06
NRSF: 136,994
Unit Count: 1,385
Property: Go Store It Self Storage
Location: Coral Gables, FL
Buyer: SecureSpace Self Storage
NRSF: 78,094
Unit Count: 1,070
Year Completed: 2019
Property: VIP Self Storage
Location: El Cajon, CA
Brokers and Brokerage: Keith Phillips and Charles “Chico” LeClaire of the LeClaire Schlosser Group of Marcus & Millichap
NRSF: 23,620
Unit Count: 376 Non-Climate Controlled
Property: Clinton Self Storage
Location: Clinton, ME
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Nathan Coe and Luke Dawley of the Hatcher Coe Group of Marcus & Millichap
NRSF: 12,000
Unit Count: 104 Non-Climate Controlled
Physical Occupancy: 100%
Room for Expansion: Yes
Property: CubeSmart Self Storage (Managed)
Location: Oak Creek, WI
Brokers and Brokerage: Brett Hatcher, Gabriel Coe, Brian Kelly of the Hatcher Coe Group of Marcus & Millichap
NRSF: 64,725
Unit Count: 114 Non-Climate Controlled and 397 Climate Controlled Units
Physical Occupancy: 100%
Property: Clark Storage
Location: Council Bluffs, IA
Brokers and Brokerage: Tom Flannigan, Alex Ihrke and Matt Haugen of Argus Self Storage Advisors
NRSF: 58,430
Unit Count: 338
Year Opened: 2021
Buyer: Public Storage
Property: Loris Self Storage
Location: Loris, SC
Brokers and Brokerage: Cameron Vale, Parker Sweet and Matt Brandal of Berkshire Hathaway
NRSF: 39,250
Unit Count: 335
Property: Guardian Self Storage
Location: Lubbock, TX
Broker and Brokerage: John Owens of KW Commercial
NRSF: 41,840
Unit Count: 215
Economic Occupancy: 93.05%
Cap Rate: 5.25%
Room for Expansion: Yes
Highlights:
- Class A Self Storage Facility
- High Historical Occupancy
- Increased Returns through Management Efficiencies
- Attractive Price per SF at $47.80
Property: Conway North Salem Self Storage
Location: Conway, AR
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Brian Kelly of the Hatcher Coe Group of Marcus & Millichap
NRSF: 94,594
Unit Count: 410 Non-Climate Controlled, 107 Climate Controlled Units, Two Offices and One Warehouse
Year Opened: 2021
Highlights:
- Newly Built, Class A Self Storage Facility
- Located about 35 Miles from Little Rock, AR
- Growing Surrounding Population: 52% Population Increase within a Five Mile Radius Since the Year 2000
Portfolio: St. Stephen Storage Portfolio of Three Facilities
Location: St. Stephen, SC
Brokers and Brokerage: Brett Hatcher, Gabriel Coe and Jonathan Fawley of the Hatcher Coe Group of Marcus & Millichap
NRSF: 43,820
Unit Count: 323 Non-Climate Controlled and 25 Parking Spaces
Physical Occupancy: 93%
Room for Expansion: 5,000 SF
Highlights:
- Three Self Storage Facilities Located within One-Mile from Each Other
- State-of-the-Art Security and Camera System at State Road Location
- Located On and Close Proximity to U.S. Route 52
- High Daily Traffic Counts: 4,900 Cars/Day off State Rd S-8-52
- Population Has Increased by 24% Since 2000 within a Five-Mile Radius
Property: Killian Hill Storage
Location: Lilburn, GA
Brokers and Brokerage: Dale Eisenman of Midcoast Properties
Acreage: 2.06
NRSF: 27,970
Unit Count: 200 Non-Climate Controlled
