UNDER CONTRACT // Kokomo, Indiana MSA Development Site
$209,000 1.41 Acres Kokomo, Indiana Dropbox
SOLD // Master Key Storage
Price: $2,350,000 Current Cap Rate: 7.27% Current Physical Occupancy: 96% Current Economic Occupancy: 73% 28,694 Net Rentable Square Feet High Daily Traffic Counts: Over 10,000 Cars/Day Room for expansion
SOLD // U Lock It & Viaduct Storage
FOR SALE // U Lock It & Viaduct Storage $1,150,000 25,400 NLSF 150 Units Malvern, Arkansas Malvern AR Dropbox
SOLD // Michigan Center Storage
Purchase Price: $3,600,000 Year Built: 2000-2003 Physically Occupied: 95% 41,395 NLSF 329 Units 4327 Page Avenue – Michigan Center, MI
SOLD // Browns Bridge Boat & Mini Storage
Current Cap Rate: 4.00% Year 1 Cap Rate: 6.1% Pro Forma Cap Rate: 8.62% Current Physical Occupancy: 95% Current Economic Occupancy: 70% 131,910 Net Rentable Square Feet High Daily Traffic Count: 20,800+ VPD No known developments in a 5 mile radius Conversion and expansion opportunity 33%+ population growth in Forsyth County since 2012 Street rates14%+ below…
Under Contract // ARD Storage
$750,000 21,293 NLSF 121 Units Frederick, Oklahoma Dropbox