{"id":2198,"date":"2022-06-13T14:24:26","date_gmt":"2022-06-13T14:24:26","guid":{"rendered":"http:\/\/listselfstorage.com\/us\/industry-insights\/?p=2198"},"modified":"2022-06-13T15:28:50","modified_gmt":"2022-06-13T15:28:50","slug":"recent-closings-6-06-2022-6-13-2022","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/recent-closings-6-06-2022-6-13-2022\/","title":{"rendered":"Recent Closings: 6.06.2022 – 6.13.2022"},"content":{"rendered":"

<\/p>\n

\n
\"\"<\/div>\n
Portfolio: KO Storage of Billings Three-Property Portfolio<\/span>
\nLocation: Billings, MT<\/span>
\nBrokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
\n

NRSF: 186,520<\/span>
\nUnit Count: 147 Climate Controlled and 746 Non-Climate Controlled<\/span>
\nHighlights:<\/span><\/p>\n

    \n
  • Multiple Offers at and Above List Price<\/span><\/li>\n
  • Great Visibility at Each Location<\/span><\/li>\n
  • Growing Surrounding Populations at all Three Locations<\/span><\/li>\n
  • Affluent Market at 6nd Location – Average Household Income within One, Three and Five Miles Is Well Above the National Average<\/span><\/li>\n<\/ul>\n
    \n
    \"\"<\/span><\/div>\n
    Portfolio: Carroll County Storage Portfolio<\/span>
    \nLocations: McKenzie and Huntingdon, TN<\/span>
    \nBrokers and Brokerage: Cameron Vale, Parker Sweet and Andrew Plunkett or Berkshire Hathaway<\/span><\/div>\n<\/header>\n
    \n

    NRSF: 42,757<\/span>
    \nUnit Count: 299<\/span>
    \nHighlights:<\/span><\/p>\n<\/div>\n

    \n
    \"\"<\/span><\/div>\n
    Property: RI Self Storage<\/span>
    \nLocation: Central Falls, RI<\/span>
    \nBrokers and Brokerage: Nathan Coe, Brett Hatcher, Luke Dawley and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
    \n

    NRSF: 39,151<\/span>
    \nUnit Count: 459 Climate Controlled<\/span>
    \nPhysical Occupancy: 94%<\/span>
    \nRoom for Expansion: Yes<\/span>
    \nHighlights:<\/span><\/p>\n

      \n
    • Multiple Offers Above List Price<\/span><\/li>\n
    • Closed Well Above List Price<\/span><\/li>\n
    • Providence, Rhode Island MSA Self Storage Facility<\/span><\/li>\n
    • Undersupplied Self Storage Market<\/span><\/li>\n
    • Seller Has Completed a Number of Capital Upgrades Including a New Roof and Added Security<\/span><\/li>\n
    • Commuter Rail Connecting Boston and T.F. Green Airport Through Central Falls Is Projected to Be Completed In 2022<\/span><\/li>\n
    • Dense Area: 293,166 People Living within Five Miles | 144,046 People Living within Three Miles<\/span><\/li>\n<\/ul>\n
      \n
      \"\"<\/span><\/div>\n
      Property: Verona Road Self Storage<\/span>
      \nLocation: Fitchburg, WI<\/span>
      \nBrokers and Brokerage: Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
      \n

      NRSF: 18,722<\/span>
      \nUnit Count: 149 Climate Controlled<\/span>
      \nPhysical Occupancy: 96%<\/span>
      \nRoom for Expansion: Yes<\/span>
      \nHighlights:<\/span><\/p>\n

        \n
      • Madison, WI MSA Self Storage Facility<\/span><\/li>\n
      • High Daily Traffic Counts: 6,000 Cars\/Day off Anton Drive<\/span><\/li>\n
      • Affluent Market: Average Household Income within Three and Five Miles Is Well Above the National Average<\/span><\/li>\n
      • Dense and Growing Population: 168,362 People Living within a Five-Mile Radius – Represents a 28% Increase Since 2000<\/span><\/li>\n<\/ul>\n<\/div>\n
        \n
        \"\"<\/span><\/div>\n
        Property: Lake Elsinore Mini Storage<\/span>
        \nLocation: Lake Elsinore, CA<\/span>
        \nBrokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        Buyer: Merit Hill Capital<\/span>
        \nNRSF: 82,734<\/span>
        \nUnit Count: 609<\/span><\/p>\n

        \n
        \"\"<\/span><\/div>\n
        Property: International Self Storage<\/span>
        \nLocation: Highland, CA<\/span>
        \nBrokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 19,432<\/span>
        \nUnit Count: 191<\/span><\/p>\n

        \n
        Property: Five Acres of Development Land<\/span>
        \nLocation: Cartersville, GA<\/span>
        \nBuyer: U-Haul<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 90,000<\/span>
        \nUnit Count: 700<\/span>
        \nEstimated Completion Date: May 2024<\/span><\/p>\n<\/div>\n

        \n
        Property: Emerald @ 78 Self Storage<\/span>
        \nLocation: Vista, CA<\/span>
        \nBrokers and Brokerage: Keith Phillips and Adam Schlosser of the LeClaire-Schlosser Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 94,625<\/span>
        \nUnit Count: 769<\/span><\/p>\n<\/div>\n

        Property: Mokena Self Storage<\/span>
        \nLocation: Mokena, IL<\/span>
        \nSellers: Kingdom Storage Holdings and Titan Wealth Group<\/span><\/header>\n
        \n

        NRSF: 108,659<\/span>
        \nUnit Count: 939<\/span><\/p>\n<\/div>\n

        Property: Brandon Storage Center<\/span>
        \nLocation: Brandon, FL<\/span>
        \nSellers: Kingdom Storage Holdings and Titan Wealth Group<\/span><\/header>\n
        \n

        NRSF: 92,000<\/span>
        \nUnit Count: 445 Climate Controlled Units<\/span><\/p>\n

        Property: Fultondale Self Storage d\/b\/a StoreEase<\/span>
        \nLocation: Fultondale, AL<\/span>
        \nSellers: Kingdom Storage Holdings and Titan Wealth Group<\/span><\/header>\n
        \n

        NRSF: 48,055<\/span>
        \nUnit Count: 436<\/span><\/p>\n<\/div>\n<\/div>\n

        Property: EZ Lock Self Storage<\/span>
        \nLocation: Greater St. Louis, MO<\/span>
        \nBrokers and Brokerage: Scott Schoettlin and Richard Riddle of SkyView Advisors<\/span>
        \nNRSF: 20,275<\/span>
        \nUnit Count: 160<\/span><\/p>\n

        \n
        \"\"<\/span><\/div>\n
        Property: University Self Storage<\/span>
        \nLocation: Middletown, OH<\/span>
        \nBrokers and Brokerage: Nathan Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
        \n

        NRSF: 21,900<\/span>
        \nUnit Count: 159 Non-Climate Controlled and 96 Parking Spaces<\/span>
        \nPhysical Occupancy: 82%<\/span>
        \nRoom for Expansion: Approximately 0.9 Acres<\/span>
        \nHighlights:<\/span><\/p>\n

          \n
        • Recent CapEx Upgrades – Two Roofs Replaced in 2019<\/span><\/li>\n
        • Excellent Visibility and Street Frontage<\/span><\/li>\n
        • High Daily Traffic Counts: 9,200 Cars\/Day<\/span><\/li>\n
        • Conveniently Located off I-122 and Minutes From I-75<\/span><\/li>\n
        • Located 35 Miles North of Cincinnati<\/span><\/li>\n
        • Dense and Growing Surrounding Population: 86,282 People Living within a Five-Mile Radius<\/span><\/li>\n<\/ul>\n
          \n
          \"\"<\/span><\/div>\n
          Property: Danville Storage<\/span>
          \nLocation: Danville, IL<\/span>
          \nBrokers and Brokerage: Meir Perlmuter, Gabriel Coe, Nathan Coe and Brett Hatcher of the Hatcher-Coe Group of Marcus & Millichap<\/span><\/div>\n<\/header>\n
          \n

          NRSF: 57,775<\/span>
          \nUnit Count: 520 Non-Climate Controlled and 22 Parking Spaces<\/span>
          \nLot Size: 7.73<\/span>
          \nRoom for Expansion: Yes<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

          Portfolio: KO Storage of Billings Three-Property Portfolio Location: Billings, MT Brokers and Brokerage: Nathan Coe, Brett Hatcher and Gabriel Coe of the Hatcher-Coe Group of Marcus & Millichap NRSF: 186,520 Unit Count: 147 Climate Controlled and 746 Non-Climate Controlled Highlights: Multiple Offers at and Above List Price Great Visibility at Each Location Growing Surrounding Populations at all Three Locations Affluent Market at 6nd Location – Average Household Income within One, Three and Five Miles Is Well Above the National Average Portfolio: Carroll County Storage Portfolio Locations: McKenzie and Huntingdon, TN…<\/p>\n","protected":false},"author":7,"featured_media":2199,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2198"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=2198"}],"version-history":[{"count":5,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2198\/revisions"}],"predecessor-version":[{"id":2211,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2198\/revisions\/2211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2199"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}