Pensacola, FL 2-Property PortfolioCall for Offers1,897 Units
Call for Offers Due: Wednesday, June 5, 2024
A+ Mini Storage of Pensacola and A+ Mini Storage of Downtown Pensacola, is a 2-property self-storage portfolio located in Pensacola, FL. These are Class A, institutional-quality assets in immaculate condition. Both locations combined are comprised of a total of 1,897 units which includes a total 284,725 rentable square feet of climate control, non-climate control and boat/RV parking. The boat/RV parking includes open parking, covered parking and four (4) fully enclosed units.
A+ Mini Storage of Pensacola is located on Palafox Street. This location has a 1,500 square foot office that includes a manager’s office, a large conference room, three private offices, a kitchen, a half bath and a full bath. This property is fully fenced with keypad access.
A+ Mini Storage of Downtown Pensacola is located on W. Navy Boulevard. In addition to the on-site manager’s office, there is an 1,800 square foot apartment situated on the third floor of the 3-story climate control building. The apartment includes two (2) bedrooms, two (2) full baths, a living room, kitchen and private laundry room.
3-Property Portfolio Greenwood, MS$5,400,000706 Units
The Greenwood Self Storage Portfolio consists of three locations:
Rebel Mini Storage located at 704 Tallahatchie Street serves as the main location including the office. This facility has a total of 98 all non-climate control units encompassing 13,402 rentable square feet. *this location includes 18 portable storage units with one being used as a company unit.
Greenwood Mini Storage is located at 1604 Chickasaw Street and has a total of 444 total units. *this location includes 78 portable storage units. *the Syrasoft Software report lists a total of 447 total units however there are 3 units listed that do not exist and should not be included in the total unit mix therefore there are a total of 444.
Secure Mini Storage is located at 707 US Hwy. 82 and includes a total of 164 total units. This location also includes a commercial office / retail suite that is currently leased to Direct Auto Commercial Insurance and includes 700 rentable square feet. The remaining 160 units are all non-climate control except for 2 that are climate control units. *this location includes 2 portable storage units with one being used for gate / camera equipment.
County Road 64 Storage is comprised of two locations in Daphne, AL. The main location is located at 10870 County Road 64, and the annex is located at 10371 County Road 64, which is approximately ½ mile apart.
The main location is comprised of four buildings which includes 224 climate control units and 282 non-climate control units. Additionally there are 165 open boat & RV parking spaces. This location is entirely fenced and gated with an electronic keypad access gate. It is also monitored with 18 security cameras. There is an onsite office with a small break area as well as an attached garage with a roll-up door that is used for company storage.
The annex location is comprised of 9 warehouse units that are 1,000 rsf each. Additionally there are 15 open boat & RV parking spaces. This location is also entirely fenced and gated with an electronic keypad access gate.
Value-add opportunities include implementing a tenant insurance program, increasing management efficiency, adding an online rental program and utilizing the expansion land.
Belair Storage is located at 3011 Belair Street in Pascagoula, MS, which is situated in a densely populated area of Pascagoula. There are 10 buildings which comprise a total of 47,220 rentable square feet of self-storage (17,120 RSF climate control and 30,100 RSF of regular, non-climate control units). Additionally, there is 8,960 RSF of open boat/RV parking totaling 56,180 RSF.
