Reliable Storage is a 2-site facility that is currently remotely managed and has seen significant growth in recent years. At 92% occupancy, the project is ripe for expansion and can accommodate over 24,000 RSF to bring the facility up to 44,680 RSF.
The project offers visibility to I-70 in the high growth, western suburbs of St. Louis, MO. There is upside potential in not only the development of additional storage, but additional profit centers, such as tenant protection plans and truck rental commissions.
The Storage Center Portfolio is an institutional-quality, two-property Oklahoma City portfolio featuring 145,115 RSF and 986 units on 8.20 acres. The properties were formerly managed by Life Storage until October 2021 to August 2023 and are now owner-managed. The assets are well-maintained and comprised of drive-up units, interior climate-controlled units and a small amount of outdoor parking.
The properties are located in attractive trade areas featuring strong Household Incomes of $78,000 (OKC) and $98,000 (Mustang) within the 3-Mile trade area.
MCS Mini-Storage C of O Opportunity$2,600,000330 Units
Price Reduced Below Replacement Cost!
C of O opportunity in Albany, GA on 3.85 acres. This brand new facility is expected to receive final Certificate of Occupancy before end of July.
This facility consists of 11 buildings containing 46,600 GRSF with 330 climate and non-climate-controlled units plus one 10×20 office with restroom.
The facility has a great location off Gillionville Road (14,600 vpd) behind Mike’s Country Store, which is a local hotspot. It’s located within close proximity of Albany State University, Southwest Georgia Regional Airport, and Stonebridge Golf and Country Club. Major retail within 2 miles of the site include The Albany Mall, Sams Club, and many other major retailers.
Sarasota Self Storage Development Site$2,700,000874 Units
Self storage development opportunity in Sarasota, Florida. This is a +/-2.83-acre self storage development development site with 311 feet of frontage along 17th Street in a densely populated sector of North Sarasota. The site is less than a mile from US Hwy 301 with over 46,000 cars per day and approximately a mile to downtown Sarasota.
The site is a proposed 3-story 122,955 GSF Class A climate-controlled storage building, including 874 units totaling 92,175 NRSF. Sale is contingent upon Seller providing site plan approval prior to close. Site plan approvals are expected to be received at end of Q2-2024.
Mini Stor All is a great opportunity to purchase a well located, value-add self storage business. The facility is situated in Fargo, ND, with over 200,000 people in the 5-mile radius. Mini Stor All has visibility to over 19,000 vehicles per day and is well positioned to serve the growing area. The facility sits on 4.29 acres with room for expansion through development, portable containers or outdoor parking storage. The property is fenced with a manual gate.
Mini Stor All consists of 42,034 rentable square feet and 399 units of self storage. There is a retail space of 7,850 square feet that has had a consistent tenant for over 10 years. Additionally, there are 13 leased commercial spaces with substantial room to increase rent. This facility has tremendous potential to capitalize on the lack of operational systems and revenue management.
Security Storage is a strategically located 3 property self storage portfolio in Cheyenne, WY. The portfolio’s 99,602 RSF is comprised of 725 drive up self-storage units. The 3 properties have easy access and convenient proximity to all of Cheyenne’s residents. The single-story drive-up facilities were constructed between 1993 and 1996 and are concrete drive, fully fenced and well maintained. The portfolio operates at high occupancies year-round – allowing interested buyers to implement ECRIs and revenue management to increase operating income.
Cheyenne, WY, located just 100 miles north of Denver, is a vibrant city where history, culture and natural beauty converge – offering a unique blend of modern amenities and old fashioned charm. Cheyenne embraces its past while looking toward the future, offering a thriving economy, excellent schools and a strong sense of community. With a friendly atmosphere, low cost of living, and strong real estate market, Cheyenne is attractive destination for many. Wyoming is one of the few states with no individual or corporate state income tax.
The Security Storage Portfolio is an excellent opportunity to purchase a large footprint in an attractive and growing market.
CP’s Stor It in West Burlington, Iowa is a fantastic opportunity for an investor to own a self storage facility with the ability to add value through improved operations and expansion. The property consists of 100 units of drive-up self storage totaling 16,064 rentable square feet. There are 20 parking spaces and an on-site office which houses the security system. This value-add opportunity allows the new owner to implement streamlined management, improve the online presence, and grow rent rates and ancillary revenue sources.
Excellent 4.73-acre site for self-storage development in Zephyrhills, Florida. The site has over 1,000 feet of access along Chancey Rd. and Paul S. Buchman Hwy with 14,500 cpd traffic counts connecting Dade City and Plant City, Florida.
The proposed building will be 3-story, Class A Climate Controlled Self Storage building with 143,000 GSF. A survey, traffic impact study, as well as geotechnical, environmental and ecological assessments will be provided. Closing will be contingent upon the Seller providing site plan approval expected around the end of the 3rd quarter of 2024.
Self-storage development opportunity in Richmond Hill, GA on 3.71 acres. The site has visibility from US-17, with over 21,000 cars per day.
Richmond Hill, GA (Bryan County), a suburb of Savannah, is the fastest growing county in Georgia and the 6th fastest growing county in the Country. Richmond Hill has been growing at 4.92% annually. There has been a growth rate of over 15.52% since the 2020 census. Richmond Hill is located between major metro areas Savannah, GA and Jacksonville, FL. Residential development in the area includes approximately 500 multi-family units and over 1,000 single-family units under various stages of development.
The proposed configuration is a 3-story, 84,269 GSF, climate controlled, Class A self-storage building. The subject property is zoned for use and is site plan approved. Buyer can go straight to construction drawings and permits.
Prime development opportunity along McGregor Blvd. in Fort Myers with proximity to Sanibel and Captiva Island, Punta Rassa and parts of Fort Myers Beach. McGregor Blvd. is a major access road with over 25,000 cars per day, connecting Cape Coral/Fort Myers to the Sanibel/Captiva Islands. This market holds dense residential population with significant recreational areas including several boat ramps and many RV resorts. This site also enjoys convenience to large national retailers such as the Sanibel Outlet Mall, Publix, Walmart Supercenter, Target and more. Lack of developable land in this sub-market, and a strong performing self-storage market (95%+ occ. rate) makes this site an exceptional opportunity.
There are currently over 1,400 residential units under various stages of construction within the immediate market area. Growth in the area is over 8% year over year according to the Census Bureau. Cape Coral, according to the 2020 Census Bureau, has seen a population rise of 30% from the 2010 Census and is the largest city between Tampa and Miami in both population and area. Sanibel Island is a deed restricted community that does not allow for storage of any kind, with the nearest self-storage facility being over 10 miles from its center. The area is a #1 tourist destination in Florida and internationally.
The site is ready for construction drawings/permits to be submitted, as it already has a fully approved Site Plan/Development Order from Lee County for a 101,247 SF, Class A climate-controlled storage building.
Mulberry Grove StorageCall Broker for Price247 Units
Mulberry Grove Storage is a class A two-story climate-controlled facility in the growing city of Cataula, Georgia, just 10 minutes outside of Columbus, Georgia with a bustling population. The property benefits from numerous single family and multifamily new construction projects located in very close proximity. The area is showing good growth, with plenty of upcoming and planned developments in the immediate vicinity.
Mulberry Grove Storage was completed in early 2023, and opened in April, 2023. within a few short months the facility has experienced a strong leasing velocity to a current 32% and growing. The property features excellent visibility from highway 315, easy access to all units with both floors having ground level access, state of the art access and security features, and institutional quality build and finishes.
The property will be conveyed with a first right of refusal on 4+ acres across the street for excellent expansion opportunities.
