Recent self-storage transactions show continued investor interest in the sector, with activity spanning a variety of markets and asset types. Deals include stabilized properties, development sites, and portfolio acquisitions, reflecting strategies to expand market presence, increase operational scale, and position for long-term growth. Demand remains steady, supported by consistent occupancy levels and opportunities to enhance revenue through improved management and pricing strategies.
Portfolio: ModBox Storage [Class A Two-Property Portfolio]
Location: Mebane, North Carolina
Address 1: ModBox Storage Compass, 479 Compass Drive, Mebane, NC 27302
Address 2: ModBox Storage Arrowhead, 4550 Arrowhead Boulevard, Mebane, NC 27302
Brokers and Brokerage: Ben Vestal, Cole Carosella, and Jamey Cox of The Argus Self Storage Advisors Team
NRSF: 114,000
Unit Count: 1,100+ units
Highlights:
- Has an additional ±9,700 square feet of office/warehouse
- The properties benefit from cluster-level operating efficiencies, established in-place cash flow, and a location directly on the I-40/I-85 corridor
- The two-site “micro-portfolio” structure enables shared staffing, coordinated marketing, and brand recognition across the submarket
Property: Oakdale Self-Storage
Location: Oakdale, New York
Address: 1625 Montauk Hwy, Oakdale, New York
Year Built: 2005
Brokers and Brokerage: Andreas Makris, Kevin Bledsoe and John Horowitz (firm’s broker of record in New York) of Marcus & Millichap
NRSF: 27,320
Unit Count: 291 units (190 climate-controlled units, 86 non-climate-controlled units, and 15 outdoor parking spaces)
Occupancy: 88%
VPD (Vehicles Per Day): 16,500
Highlights:
- Features keypad access
- On-site management office
- 24-hour video surveillance
Property: Storage Star De Zavala [Three-Story Property]
Location: San Antonio, Texas
Address: 6540 De Zavala Road, San Antonio, Texas
Year Built: 2016
Broker and Brokerage: Jon Danklefs of Marcus & Millichap
Acreage: 2.7 acres
NRSF: 93,200
Unit Count: 765 units (740 climate-controlled and 25 non-climate-controlled)
Property: Entitled Self Storage Development Site
Location: Old Bridge, New Jersey
Seller: SkyView Advisors of NJ LLC
Acreage: 11.63 acres
NRSF: 86,620
Unit Count: 845 units
VPD (Vehicles Per Day): 82,250
Median Household Income (5-mile radius): $112,149 – over $40,000
Highlights:
- The property benefits from institutionally designed building plans that provide an exceptionally efficient and profitable unit mix
- Ensures operational efficiency and long-term revenue growth
- Highlights the strong investor demand for well-located, high-barrier-to-entry development sites in affluent, supply-constrained markets
- The local self-storage supply is only 5.27 net rentable square feet per capita
- Offering investors a rare opportunity in a market with minimal new development impact
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