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.
CLS Self Storage is a 54,150 square foot storage portfolio located in the Clyde, TX submarket, due east of Abilene, TX. Consisting of 414 non-climate-controlled units, being 97% unit occupied, the locations have excellent exposure off a main artery within Clyde, FM 18, as well as off Interstate 20. CLS Self Storage is positioned as one of the top facilities in the submarket and continues to maintain a high unit occupancy with little advertising. This property is an ideal opportunity for a value-add buyer with the ability to grow current economic occupancy with an aim to grow rents within the submarket.
The Mr. Storage Portfolio provides an excellent opportunity for an operator to gain immediate market share in the northern Des Moines/Ames Iowa MSA. This portfolio provides over 215,000 rentable square feet of drive up and climate controlled storage between 14 locations.
The facilities are locally operated on one Easy Storage Solutions account with very little marketing. There is a tremendous opportunity to implement superior management practices to increase Occupancy and optimize rental rates.
The facilities are constructed with steel exteriors and a majority of the locations are paved with security cameras. Several buildings were recently constructed and are continuing to lease-up.
Tulsa MSA Self Storage PortfolioCall for Price426 Units
Call for Offers Due: May 29, 2024
Pricing Guidance: $7,000,000
The Self Storage in Bixby/Catoosa offering is a 66,495 rentable square foot portfolio consisting of two (2) properties located in Bixby and Catoosa, Oklahoma. The assets were built with management flexibility providing for a combinaton of on-site and remote management. The facilities provide an attractive amount of scale for a top 55 MSA opportunity in areas of high residential growth. All facilites are equipped with security pad gate access and security cameras. The cumulative parcels measure a combined 4.12 acres.
The Bixby facility is located in a high barrier to entry market where it’s difficult to get new storage projects through the entitlement process.
Self Storage in Catoosa is a 2019 vintage property. The quality of construction and unit mix is top of market for that trade area and well-positioned for future profitability. The property is currently in lease-up with an aggressive online marketing campaign and specials to expedite the lease-up process.
The Self Storage in Haskell Development offering is 2 +/- acres of partially developed land located at 7473 N. Hwy 64, just north of Haskell, OK in Muskogee county. Demo/Excavation work has already taken place and a large portion of the concrete has been laid, including (1) 60‘x160’ & (1) 65‘x200’ slabs for storage buildings and approximately 2/3 of the driveways. There has also been some underground rough-in for electric lines. The lot has an approximate 38,000 additional square feet for future expansion.
Keep It Safe Mini Storage is located at 4135 N Parkdale Lane in Denison, TX. Denison is a growing part of Grayson County which is in North Texas approximately 75 miles North of Dallas. The Keep It Safe Mini Storage is a fenced and gated property currently consists of 19,120 square feet of non-climate controlled storage.
The property sits on 2.237 acres located in the County, not in the City of Denison. The current owner just delivered thirty-two (32) 8×20 shipping containers at the rear of the property that are included in the 19,120 rentable square feet. These are brand new containers that will be brought on the rent roll shortly.
The property can continue be expanded at the front or rear on the vacant land included in the sale.
Temple Prime Storage Development SiteCall for Price
The Prime Temple Development Site is located in NE Temple at 814 E Young Ave. The parcel of land is a 5.481 acre primarily rectangular property with frontage on E Young Ave and bordered to the West by Lower Troy Road.
The current ownership rezoned the property recently to allow for self storage development by right through a Planned Development. The revised zoning is “Planned Development – General Retail with a site development to allow a mini-storage warehouse”. This change will allow for the construction of one-story self storage buildings and an office on the property.
Yonkers Self-Storage Development SiteCall for Price
The offering includes two vacant lots totaling approximately 0.51 acres. The property comes with Site Plan Approvals for a 6-story, climate-controlled self-storage facility featuring 60,680 Gross Square Feet. It is designed to provide 42,338 Net Rentable Square Feet, assuming a 25% loss factor on floors 2-5. Notably, the design accommodates an existing utility easement requiring a minimum 15-foot clear height on the ground floor.
Prospective buyers will need to secure Construction Documents and Building Permits independently.
Strategically located, the property offers excellent connectivity via I-87S, Saw Mill River Parkway, and Taconic State Parkway. It is set in a densely populated residential area with approximately 387,000 people living within a 5-mile radius and a self-storage market penetration of less than 5 square feet per capita within the same radius.
Great opportunity to purchase a well located, highly visible self storage asset right off of Interstate 29. Clark Storage Pacific Junction was built in 2013 and provides over 9,500 rentable square feet of drive-up and container storage and outdoor parking. The site is 2.76 acres, allowing the new owner to add value through expansion or increased parking. The facility is entirely fenced with cameras, offering great security to customers. Current ownership runs on Web Self Storage with no revenue management or advertising programs in place.
Antioch’s trade area is approximately 100,000 people, which includes parts of Wisconsin and areas to the south and west. The trade area includes approximately 39,000 households and incorporates a median household income of $93,000.
Antioch is open for business, the community has an aggressive economic development plan to make Antioch a commercial destination for communities within the trade area.
This is a great opportunity for a new buyer to buy a mismanaged deal and execute a hands-on approach. Located in desirable Lafayette, the upside in this opportunity is through physical lease-up and improvements to the property (currently at 66% unit occupancy, compared to the market, which sits at well above 90% occupancy).
Lafayette is open for business and is a strong supporter of economic development. The City is located just northwest of Denver in southeast Boulder County, 10 miles east of Boulder. The community offers a small-town atmosphere with the convenience of easy access to a major metropolitan area. Lafayette’s location, accessibility, and high-quality of life combine to make it a desirable location for residential, commercial, and light industrial development.
The property is located in town along Highway 92 which carries around 27,000 cars daily. It has excellent visibility and is known for the Historic Landmark “Wonder Wheel” on site. The property is at maximum operational occupancy and has been for years and years. The current owner has added open RV storage as a place holder for future expansion.
The property has similar drive time from the Tucson International Airport as the high-income communities of Oro Valley, Tucson Foothills and Marana.
The area has a solid employment base and a growing population with demands for self-storage as evidenced by historically high occupancies of the subject property and competitors.
Introducing an exceptional development opportunity in the heart of Casa Grande, Arizona, this property listing boasts strategic location and immense potential. Situated along a bustling frontage road that sees approximately 28,000 vehicles daily, it serves as the primary entry point into the vibrant city.
The property, designated as a development site, offers investors and developers to capitalize on the burgeoning growth of Casa Grande.