For Sale

Storite
Listing #: 177

Spanish Springs (Sparks), NV
NRSF: 79,499
Offering Price: $10,475,000
No. Units: 621

Highlights:

  • Great location in Spanish Springs – an affluent neighborhood in northeast Sparks
  • Average household income within one mile exceeds $98,000 per year
  • Will be adjacent to neighborhood retail and gas station/convenience store
  • 100% occupancy at competing storage properties
  • Wait listed customers have nowhere to rent

All-Preferred Mini Storage (In Contract)
Listing #: 186

Redding, CA
NRSF: 78,095
Offering Price: $4,500,000
No. Units: 530

Highlights:

  • Great location just off State Highway 273
  • All metal construction
  • Attractive unit mix with large units – average unit size is over 147 NRSF
  • Property’s location is common to many locals
  • History of high occupancy

Stor It Self Storage
Listing #: 185

Chino Valley, AZ
NRSF: 43,950
Offering Price: $3,675,000
No. Units: 289

Highlights:

  • Great location with excellent visibility and access directly on State Route 89
  • History of high occupancy
  • Upside in increasing rents over time
  • Attractive, in-place financing must be assumed
  • Seller must secure an upleg property prior to closing

Stow Away Mini-Warehouse (In Contract)
Listing #: 184

Houston, TX
NRSF: 60,460
Offering Price: $3,600,000
No. Units: 455

Highlights:

  • Over 285K people in 5 miles, average HH income is greater than $86K per year
  • Great location just two blocks north of US-90 ALT (South Main Street)
  • Property was infused with $250K in improvements after Hurricane Harvey
  • Property was vacated for repairs and has leased up to 72%+ in 5 months
  • Owner anticipates 95% occupancy by end of summer

Mount Shasta Mini Storage (In Contract)
Listing #: 179

Mount Shasta, CA
NRSF: 40,700
Offering Price: $1,590,000
No. Units: 287

Highlights:

  • Price Reduced – now a 8%+ CAP
  • Excellent onsite management in place
  • Upside through rent increases as vacancies are minimal
  • Possible expansion or reconfiguration of the parking area on the property’s west side
  • A variety of unit sizes and rates

Sierra Vista Storage Development Site
Listing #: 187

Roseville, CA
Acres: 5.17+
Offering Price: $1,350,000
No. Units: TBD

Highlights:

  • Great location in southwest Roseville – over 20,500 single family units are planned for the area
  • Average household income within one mile exceeds $133,000 per year
  • Will be adjacent to neighborhood retail – between a proposed Wal-Mart and a proposed Target Store
  • Storage rents exceed $1/SF in this trade area