Zavala’s Mini Storage (Closed 12/09/25)
Listing #: 2507
San Jose, CA
NRSF: 43,140 + RV Spaces
Offering Price: $9,750,000
No. Units: 418
Highlights:
- The property is currently 96% economically occupied. Physical occupancy is 89% by units and 91% by NRSF.
- Current asking rents are substantially below market rates.
- Access is limited by a rollback gate that is open Tuesday-Sunday, 9am-5pm.
- The onsite-manager’s residence is currently vacant.
- No tenant insurance plan is offered.
C&L Secure Storage (In Contract)
Listing #: 2519
Redding, CA
NRSF: 79,350
Offering Price: $8,250,000
No. Units: 496
Highlights:
- Current physical occupancy is north of 97%.
- Great location with freeway visibility and in close proximity to Shasta Community College.
- The property has demonstrated the ability to raise rents. Gross potential rents in 2018 were $745,176, in 2022 were $803,940, and now in 2025 are $943,656.
- Competing properties are all 93%+ occupied.
- Possible expansion area where the current open parking is located. Enclosed storage units are approaching $1.00/SF rents, while parking rents are $0.22/SF.
- Recent upgrades include an owned solar system, new CCTV system, and integration into PTI’s web-based access system.
TnT Self Storage (In Contract)
Listing #: 2508
Kelseyville, CA
NRSF: 63,696
Offering Price: $4,500,000
No. Units: 365
Highlights:
- Stable asset with upside through continued occupancy – approaching an 8% CAP on 90% economic occupancy.
- Larger units. On average, the typical unit exceeds 174 NRSF.
- Significant new housing units coming online with high tech employers nearby.
- Pride-of-ownership facility.
- Cell tower lease offers additional, ancillary income.
- Priced below replacement costs at $86.35 per NRSF.
Butte County Storage Portfolio
Listing #: 2515
Gridley, Biggs, Paradise, CA
NRSF: 43,611 + Open Space
Offering Price: $3,300,000
No. Units: 326
Highlights:
- 3 properties located with 31 miles of each other.
- Stable asset with upside through continued occupancy and expansion of open areas.
- In-place CAP rate of 6.37% going to 8.53% with a 10% rent raise at 90% economic occupancy. Currently, the asset is 81.4% economically occupied.
- A large manufactured home and standalone single family home accompany the Biggs property, offering diversification of investment.
- Priced below replacement costs at $80.25 per NRSF.
Attic Mini Storage & Corner Store
Listing #: 2605
Grass Valley, CA
NRSF: 23,600
Offering Price: $2,750,000
No. Units: 145
Highlights:
- Current physical occupancy is 89% of units, and 90% of NRSF. Current economic occupancy is 82%.
- Great location with proximity to Highway 49.
- Built, managed and maintained by the current owner.
- Diversification of investment as the property features a retail component with a long-term tenant in place.
- Average unit size exceeds 142 NRSF.
- Apartment unit above the retail store adds to annual income.
- Services Nevada County residents in the absence of REIT product.
