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.
Phenomenal redevelopment opportunity in downtown Sioux City, Iowa on historic 4th Street. The building site is on three parcels totaling 1.04 acres and contains 57,500 +/- GSF for a self-storage conversion. The current owner received approval for self-storage as a conditional use in the summer of 2022. Additionally, the property is located in an Opportunity Zone and adjacent to a brand new multifamily complex.
Constructed in 2002, Eagleridge Mini Storage, in the heart of Pueblo, consists of 616 self-storage units totaling 75,350 of rentable square feet. The property has historically been very highly occupied and currently sits at 99%. The owners recently delivered a climate control expansion consisting of 65 additional units. This expansion is now full as well. The new buyer will be able to realize outsized revenue growth through revenue management due to low in-place rents.
High-quality storage development site in Moore, OK, located in the Oklahoma City MSA with strong demographics (3-Mile AHHI of $89,000; 3-Mile Population of 73,706).
Opportunity to gain additional scale by building multi-story.
Franks Creek Storage is located in Hahira, GA just a couple miles north of Valdosta, GA. The facility has 2,700 feet of road frontage on I-75 (56,400 AADT) with excellent visibility. Franks Creek Storage is located in an area of growth in Lowndes County, GA. The 2010 population was 109,233 and has seen a growth of 10.73% since that time.
The property is being built in Phases: Existing Phase 1 (4 acres) consists of 38 climate controlled units, 119 non-climate-controlled units, 32 covered boat/RV units, and 3 uncovered parking spaces totaling 35,292 RSF.
Phase 2 (4 acres) has site plan approval for an additional 430 units and 59,350 RSF of climate and non-climate controlled storage with retention.
The remaining 4 acres are zoned General Commercial and can be used per zoning.
This facility also has a 900 SF air conditioned office with bathrooms.
Daphne Toy Box Storage was built in 2022 and is located at 9655 Milton Jones Road in Daphne, AL. The facility is between four-laned Hwy. 181 to the east and County Road 13 to the west, both intersecting with nearby County Road 64 (Daphne Avenue) to the north. This area is one of the fastest growing in Alabama with many new subdivisions in the area and additional ones in the planning stages.
The property is +/- 8.8 acres with a gated entrance and 6’ fencing around the entire perimeter. There are currently five buildings with 62,490 rentable square feet with 199 total units consisting of 96 non-climate units and 103 climate controlled units, ranging in unit sizes from 180 SF to 900 SF. Four additional buildings have been approved with the opportunity to increase the square footage by another 63,121 rentable square feet.
Daphne Toy Box Storage has a leasing office that is 306 square feet with a lobby for customers and a separate office and breakroom for employees. There is also 594 square feet of rentable office space with a lobby, conference room and an office with storage closet. There is a shared restroom between the two spaces.
World Wide Storage + Tractor Supply Co.$5,700,000375 Units
World Wide Storage is a single-story 375-unit storage facility located on the main thoroughfare into Bay City. Not only is it the newest and best-in-class facility, but it’s also 98% climate controlled with mezzanine expansion options. Since opening in August 2022, the property has achieved 52% Economic Occupancy, which places well above the three-year industry standard leasing curve. Newer improvements including 4k security cameras and stadium lighting paired with the new construction are what continue to attract Bay City and surrounding area renters. Previously an old Walmart, the building is located on approximately 10.83 acres of land (per Matagorda CAD records) and includes a large parking lot adjacent to 7th Street. The east side of the building is 100% leased to Tractor Supply Co., who occupies 26,950 square feet for three (3) five-year extension periods with another four years left on the lease. Combined with the stability of the credit rated triple net tenant, growing demographics, and a strong first year leasing period, this opportunity presents a unique investment opportunity.
Bo’s Self Storage is a 112 non-climate controlled unit facility located seconds away from I45 in La Marque, Texas. It contains new property improvements and is adequately positioned to be remotely managed. The new property improvements include stadium lights and 4k cameras. Both are great additions for either a nearby owner looking to expand or a first-time buyer. The improvements coupled with the surrounding gate ensure a safe storage experience for local renters. The current owner has achieved 76% occupancy since purchasing the facility in 2021 and continues on an upward trajectory. In addition, the site contains a 1,800 square foot office space. Given the property’s location, amenities, and track record, it has consistently achieved increasing occupancy rates and demonstrated market resilience with comparable properties.
Aero Treasure Coast Storage includes two non-contiguous storage properties built on long-term land leases, owned by Vero Beach Regional Airport. Aero Treasure Coast Storage is strategically located at the Vero Beach Regional Airport near downtown Vero Beach, with close proximity to the West Vero Corridor, US-1 and I-95. Both facilities combined house a total of 632 storage units (341 of which are climate controlled) plus 18 boat/RV spaces totaling 63,300 of rentable SF. The facility is 96% occupied, indicating a strong market and opportunity to raise rates.
Berkshire Route 15 Self Storage$3,495,000114 Units Units
Berkshire Rt. 15 Self Storage is a 115-unit self-storage facility with approved expansion plans located in Wharton, New Jersey. The subject facility is positioned on a total of 3.28 acres of land and consists of approximately 13,990 net rentable SF of self-storage & 2,500 net rentable SF of parking, spanning 104 Climate-Control and Non-Climate-Control self-storage units and 10 Outdoor Parking Spaces. The facility is comprised of two self-storage buildings (single-story and 2-story) and one 2-story 5,220 SF office building.
Self Storage development site located in rapidly growing Palm Bay, FL on 2.04 +/- acres with direct visibility from I-95 and Babcock Road. Babcock Street has been designated by FDOT as a proposed project for widening to accommodate increasing traffic and growth to the area. Population within 3 miles the is over 46,000 with an AHHI of $70,253. Significant residential development is underway within the market area with over 3,000 units in various stages of planning and development. Major retailers and shopping districts are also within proximity to the site including Lowes, Walmart, Publix, and Home Depot.