Self Storage in Bluffton, SC, Sold Hilton Head Island, SC, May 20, 2021 (PR.com) Midcoast Properties, Inc. announces the sale of Village Storage, located in Bluffton, South Carolina. Dale C. Eisenman, CCIM, of Midcoast Properties, Inc., represented the seller and had the listing to market the facility. The facility was sold to a national buyer.
Village Storage is located on two adjoining parcels in Bluffton, South Carolina. It is comprised of 156 standard and climate self storage units plus covered and non-covered vehicle storage. In addition, there is a retail/warehouse building and a warehouse, both of which are leased to long-term tenants, and a large parking area leased long-term. Amenities include cameras, lighting, personalized keypad entry, timers for lights in hallways and a rental office with moving supplies, along with an apartment for the on-site resident manager.
Sale of Renegade Storage, Murphy, North Carolina
Midcoast Properties, Inc. announces the recent sale of Renegade Storage, located in Murphy, North Carolina. Hilton Head Island, SC, February 25, 2021 (PR.com) Midcoast Properties, Inc. announces the recent sale of Renegade Storage, located in Murphy, North Carolina. Midcoast Properties represented the seller, with Bobby Moss as lead broker. The facility was sold to a partnership of seasoned investors.
Renegade Storage is a well maintained, recently expanded self storage facility comprised of 264 units, providing 36,100 net rentable square feet. The 6.96 +/- acre property is improved with eight self storage buildings that house 172 drive-up units, 65 climate-controlled units, 26 parking spaces, and an office. Additional units can be added on the developed area, as well as approximately one acre of undeveloped land. Site amenities include perimeter fencing with access-controlled gates, new security camera systems, ample lighting,
Update 12/18/20 – Self-storage properties are constantly changing hands, and
Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in December 2020.
Advantage Storage in Arlington, Texas, sold. Built in 2019, the facility at 1040 W. Sublett Road comprises 95,825 net rentable square feet in 771 units. The seller was represented in the transaction by The Hatcher Group of M&M.
Big Sky Discount Storage & Annex in Susanville, Calif., sold for $2 million to a family partnership based in Yuba City, Calif. The 9.6-acre property at 474-445 Big Sky Blvd. contains 12 single-story buildings comprising 62,980 net rentable square feet in 247 units. The buyer and the seller, Safe-Hold Storage LLC, were represented in the transaction by Bobby Loeffler, president, and Tyler Skelly, national director, of the Loeffler Self-Storage Group Inc., which specializes in self-storage real estate in California and Nevada.