
Southpoint Self Storage & Retail (Closed 08/30/24)
Listing #: 2404
Sebastopol, CA
NRSF: 154,094
Offering Price: $35,000,000
No. Units: 1,600
Highlights:
- 134,009 of self-storage with an additional 20,085 square feet of strip retail.
- Occupancy was 91% at time of sale.
- Property services an affluent client base with asking rents below market ($1.68/SF).
- Pride-of-ownership facility, built in phases 1986, 1994 and 2005.
- Onsite manager’s unit and fully-secured units.

Garden Highway Self Storage (Closed 04/29/24)
Listing #: 2312
Yuba City, CA
NRSF: 46,875
Offering Price: $5,600,000
No. Units: 438
Highlights:
- The property is currently 87% occupied. The drive-up storage units are 90% occupied and the parking spaces are 70% occupied.
- Attractive unit mix and layout. The property offers a wide range of storage options from 5×5 to 20×40. The drive isles are ample and secured access and surveillance assures customers of a secure environment for their belongings.
- The onsite-manager’s residence is currently vacant.

Cottonwood Self Storage (Closed 11/05/24)
Listing #: 2407
Fernley, NV
NRSF: 41,800
Offering Price: $5,200,000
No. Units: 231
Highlights:
- All-metal construction, 100% drive-up units.
- 2020 build with occupancy holding north of 90%.
- Significant new housing units coming online with high tech employers nearby.
- Pride-of-ownership facility.
- Onsite manager’s residence.
- Average unit size exceeds 180 NRSF.

Powerline Mini Storage (Closed 02/29/24)
Listing #: 2302
Olivehurst, CA
NRSF: 26,600
Offering Price: $1,900,000
No. Units: 302
Highlights:
- All-metal construction.
- Upside through operations. The property currently does not have a tenant insurance program and the current asking rents are roughly half of the current market rates.
- Ample room for expansion. The property sits on 3.91 acres with only 26,600 NRSF constructed. The new owner could significantly expand the property to increase density and revenue.