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SBOA Property Listing Service, THE source for brokers to list their self storage properties and investors to find new purchase opportunities. SBOA Property Listing Service is the first and only to provide a central property clearinghouse for the entire self storage industry.
| Property List -» Records (1 - 20) of 85
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Yorktown Heights, NY
| Heights Self Storage is a brand new, state of the art facility located in Yorktown Heights, NY. The facility is
currently being offered at $3,000,000. The property is 27,000 total square feet which equates to a price per
square foot of $111.00. This price is very competitive for new construction, especially for this area just north
of New York City.
The total rentable square feet of the facility includes 24,670 square feet of space and five hundred seventyeight
units. All but ten of the units are climate controlled. The facility is conveniently located and provides a
strong market share in the mean statistical area that it serves. Several apartment complexes and multifamily
homes are with close proximately of this facility, with the nearest competition several miles away.
The facility consists of durable block and vinyl siding, with all metal interior units. Built slightly into an elevated
parcel of land, temperature can be controlled naturally to minimize heating and cooling expenses. Accessibility
is twenty-four hours, seven days a week, with the ability to have constant video surveillance and key pad
coded doors to prevent unauthorized entry. A wide driveway can accommodate trucks, interior elevator and
trolleys to help ease the burdens of moving.
All financial figures contained in this package are on a pro-forma basis. The facility is ready for lease up upon
receipt on final Certificate of Occupancy. Current demographics show nearly sixty-five thousand people within
a five mile radius of this facility. Heights Self Storage has an in-town location with good exposure, therefore
providing expeditious lease up opportunity. As a result, the ability to add value becomes a very possible reality
especially in a self storage market that statistically has remained strong. |
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$2,450,000
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1
Buildings
578
Units
Traditional Sites
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Listing 1 of 85
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Wildwood, FL
| This developemnt site is approximately 14.22 acres located along the CSX railway at the end of CR 124. The site does not have high visibility but is accessible from two county roads and a service road. This is a very attractive location amid thriving industrial/commercial businesses and it?s within minutes and has easy access to I-75 and the Florida Turnpike. The site is less than 1 mile to The Villages, the nation?s fastest growing retirement development with over 70,000 residents and 100,000 expected at buildout.
If desired usage is self storage, these are the City of Wildwood?s LDRs:
For Parcels D29=138 and D29B001 (14.22 acres zoned M-1) the Code would allow
for 108,400 SF of indoor storage. This would be considered a ?development? (provided they were presented to the City simultaneously) and subject to the 30% reduction. Calculated as follows: (14.22) x 70% x (0.25 FAR) x (43,560) = 108,400 SF maximum allowed.
Property Taxes in 2010 were $38 which reflect vacant industrial land with an AG exemption. |
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$849,000
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Traditional Sites
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Listing 2 of 85
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Whiteville, NC
| This offering represents a great opportunity to acquire a portfolio of six (6) operating self storage facilities that are easily manageable from one location.
Five of the six locations are in Whiteville, NC and clearly dominate the market. The remaining loca-tion is in Lake Waccamaw, NC, approximately 10 miles to the east, via U.S. Highway 74.
The properties are well cared for and attractive. |
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$3,750,000
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27
Buildings
871
Units
Traditional Sites
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Listing 3 of 85
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Waterford City, ND
| 75 units
14,000+ RSF
Just added additional 10,000 SF
Leasing up quickly
Huge demand
Booming oil area |
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$1,200,000
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75
Units
Traditional Sites
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Listing 4 of 85
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Warner Robins, GA
| All climate control building built in 2000 is being offered along with a second all climate control facility in Macon, GA. |
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$2,200,000
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38,675
SF Bldg
262
Units
Traditional Sites
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Listing 5 of 85
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Villa Rica, GA
| Property has great visibility and is adjacent to Interstate 20
Located in growing community just 35 miles from downtown Atlanta, GA
Very strong vehicle storage business with room to expand
Pad graded for additional 12K building
Space on property to expand to 50,000 GRSF
Nice office with apartment overhead for on-site manager
18,750 SF (enclosed storage)
3,600 SF (outside parking spaces)
175 units (137 storage + 38 parking spaces) |
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$940,000
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175
Units
Traditional Sites
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Listing 6 of 85
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Verden, OK
| All About Storage consists of one self-storage facility providing a combined 15,653 net rentable sq.ft. 9,900 sq.ft. of storage and 5,753 sq.ft. of multi-family housing in 73 storage units and four apartment units sited on 1.286 acres (approx.). All About Stor-age is located in Verden, OK. (pop. 530). The subject property is located on Highway 9 between the Andarko and Chickasha, in the middle of Verden. |
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$249,500
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4
Buildings
73
Units
Traditional Sites
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Listing 7 of 85
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Vallejo, CA
| The Anchor Self Storage development site is a shovel ready site in downtown Vallejo, CA. The owners are looking for a joint venture partner to develop the site. All budgets, studies, approvals, etc. are in place to move forward with construction without further delay.
Proforma gross stabilized income of $1,066,000 and proforma NOI of $630,000. Owners are looking to contribute the land at fair market value towards the completion of this self storage development site in a joint venture or other partnership arrangement. |
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553
Units
Traditional Sites
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Listing 8 of 85
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Tulsa, OK
| Airport Self Storage is a Class ?B? self storage facility providing 37,425 rentable sq.ft. in
231 units and 8 parking spaces sited on 2.27 acres (approx.). Airport is located in Tulsa, OK.
(pop. 605,418), north of Interstate 244 and south of Highway 11 in north Tulsa, it is located in
very close proximity to Tulsa International Airport (TUL). Airport is situated on Virgin Street
and is part of Tulsa?s north commercial district. The property has an on-site office and an
apartment located inside the main gate. The property was opened in 2001. The property is in
foreclosure and under the supervision of a court appointed receiver. Any future sale
while property is in foreclosure will require court approval. |
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$950,000
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9
Buildings
231
Units
Traditional Sites
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Listing 9 of 85
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triad, NC
| This is a fantastic opportunity to own one of the premiere mini storage facilities in the Triad. This state of the art facility contains a total of 65,050 of rentable square feet, comprised of 470 units in 8 different sizes, there are both climate control and conventional units and currently the facility is 97% occupied. There are also outside parking spots that are rented for parking of autos, RV's and boats and the facility sits on 4.3 acres. It has two entrance/exits with keypad entry gates. This facility has and excellent reputation in the market and great tenants. |
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$4,425,000
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65,050
SF Bldg
6
Buildings
470
Units
Traditional Sites
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Listing 10 of 85
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Trenton, NJ
- Highly visible Self Storage facility with Additional Income Sources from Two Cell Towers Leases, Billboard Lease and Business Tenant.
- Strategically Located Adjacent to Route 129, Lalor Street and the Trenton Interstate Route 95 Beltway.
- 50,400 Net Rentable SF & 476 Self Storage Units in 9 Single Story Drive Up Buildings & a 48,000 SF Masonry 4 Story Building.
- Expansion Opportunities by Converting an Additional 12,000 SF on the Fourth Floor of Existing Building Along with a Serviceable Full Basement Not Currently Utilized by the Present Owners.
- Built in 2006 with Last Floor in Existing Structure Converted to Self Storage in August 2010.
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$3,000,000
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10
Buildings
476
Units
Traditional Sites
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Listing 11 of 85
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Theodore, AL
| Room for Boat & RV Storage
Tremendous Upside Potential
Onsite Apartment
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$300,000
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31,050
SF Bldg
218
Units
Traditional Sites
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Listing 12 of 85
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Stillwater, OK
| A & D Self Storage is a self storage facility providing 37,100 rentable sq.ft. in 239 units, 35 open parking spaces, and 17 covered spaces sited on 3.78 acres. A & D Storage is located in Stillwater, OK (pop. 46,000). It fronts on Highway 59 and is located in very close proximity to Lake Carl Blackwell and Lake MacMurty. The property has an on-site office and an apartment located inside the main gate. The property was opened in 2002.
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$750,000
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6
Buildings
239
Units
Traditional Sites
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Listing 13 of 85
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South Brunswick, NJ
- Exceptionally Well Located On US Route 130, Next Door to NJ Motor Vehicle Inspection Station with a Traffic Count of over 33,500 a day.
- Clear Level Development Site Covering 8.5 Acres.
- Access to Expanding New Brunswick and Greater Princeton Markets With a Variety of Housing Types, Retail and Major Office Development.
- Fully Approved For The Construction of 669 Units With 65,990 Net Rentable Square Feet.
- Planned for Four Two-Story Buildings and a Separate Rental Office With a Gross Area of 87,500 sq. ft.
- Projected Gross Potential Rent of Over $835,000 per year.
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$830,000
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Traditional Sites
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Listing 14 of 85
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Shirley, NY
| Located in Suffolk County, Smith Road crosses two main arteries leading into a densely populated area. Residential, single family homes and retail, encompass this facility.
The owners developed and have operated this facility for over ten years. Built in 1997, Phase I, Building #1, is a single story building consisting of 20,700 SF. In 1999, they expanded and built Phase ll, a two story building consisting of 18,250 SF. In 2001, there was another expansion of an additional 8,900 SF on the 2nd floor of Building #1. Total Net Rentable square footage is 39,500.
There are remaining approvals and permits in place to allow expansion of an additional 9,600 SF on the 2nd floor of Building #1, which has been constructed to support a second floor.
This facility is averaging economic occupancies over 95% with consistent revenue growth.
This well maintained facility boasts the pride of ownership!
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$5,700,000
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2
Buildings
411
Units
Traditional Sites
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Listing 15 of 85
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Sedalia, MO
| West 50 Self Storage is the highest quality facility in Sedalia, MO. Well located, next to major retailors such as Lowes and Walmart, the facility offers convenient access and a secure environment to its customers. West 50 is one of the few facilities in the city that offers a fenced, well-lit environment with computerized gate access, which is integrated into a web based SiteLink management tem.
The facility has enjoyed high, stable occupancies in recent years and is ripe for
expansion into the adjacent site. The U-Haul truck commissions have been averaging
$2,000 a month and drive another $400 to $600 in additional product
sales. |
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$775,000
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4
Buildings
105
Units
Traditional Sites
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Listing 16 of 85
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Saint Joseph, MO
| Mini-Warehouses of St. Joseph offer an investor a facility that has enjoyed stable occupancy for years. The facility has been well maintained in a established market between the only regional shopping center in the city and Interstate 29. The location offers convenience to tenants that appreciate its central location.
Consisting of 426 conventional units in 16 buildings, the property is mostly masonry construction and paved, asphalt drives. The manager's apartment is a spacious 1,100 square foot building adjacent to a 100 square foot office, and another 100 SF maintenance unit. |
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$2,350,000
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18
Buildings
426
Units
Traditional Sites
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Listing 17 of 85
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Rocky Mt, NC
| This is a great opportunity to own both a mini storage and a laundromat in one location. The business has the advantage of being able to utilize the laundromat personnel to operate the mini storage facility, thus avoiding the cost of a manager. Both operations have a solid and loyal customer base. The self storage facility has 145 units totaling over 16,000 square feet. The laundromat has 30 front load machines and 14 double pocket dryers. Coin-op revenue is supplemented by wash and fold, detergent sales and vending. The self storage and coin laundry businesses has long been shown as a great businesses and is perfect as both an absentee owner or owner/operator business.
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$1,050,000
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16,400
SF Bldg
6
Buildings
145
Units
Traditional Sites
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Listing 18 of 85
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Richmond, IN
| Facility is comprised of two sites - 220 Industrial Pkwy and 5850 Hodgin Rd, Richmond, Indiana 47374
Quaker City Storage represents an opportunity to acquire a fully stabilized income stream with good upside in a performing market. Despite the headwinds d by the recession, Quaker City Storage maintained steady
occupancy in the low to mid 80 percent range with an below average collection variance. The current variance between the physical and economic occupancy is 3 percent.
The upside potential comes in the form of a well timed rate increase. Quaker City Storage is currently averaging a $0.40 per square foot rental rate while its nearest competitors are averaging $0.74 and $0.62, respectively.
Quaker City Storage consists of 167 units located on two separate parcels situated one mile from one another. All drives are asphalt paved. The 5850 Hodgin Road buildings
are trachte, all steel buildings in excellent condition. The 220 Industrial Parkway buildings are a combination of all steel and wood frame buildings clad in steel.
The Hodgin Road location is completely fenced with an electronic gate currently operated by a physical key. The current owner has expressed interest in establishing a flat fee based management contract with new ownership to
ensure a smooth transition for the new owners. |
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$539,000
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19,700
SF Bldg
6
Buildings
167
Units
Traditional Sites
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Listing 19 of 85
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Port Jervis, NY
| The Port Jervis, NY Fort Knox Self Storage facility is part of a three property self storage portfolio
located in New York and Pennsylvania. The portfolio is being offered at $3,150,000. Two of the
properties are fee simple and the third is a leasehold with an option to purchase. Pricing of the
portfolio is very attractive to an interested investor, as the fee simple properties are being offered at
an 8.78% and 9.01% cap rate and the leasehold property at a 20.43% cap rate. Both rates are
derived by actual NOI over a previous 12 month period. Average IRR over a seven year hold for the
fee simple properties provide a strong return before tax of 21.85%, and pro-forma cash on cash
returns after two years of ownership indicate 16.9% at current list price. Purchasing the business of
the leasehold property is even more impressive, as favorable debt service terms can produce cash
on cash returns after two years up to 53.6%.
The total rentable square feet of the Portfolio includes 54,829 feet of space and 566 units. Two of
the buildings have additional space for expansion. The facilities are convenient in location and
provide a strong market share in the mean statistical area that they serve. All of the properties are
within 20 miles of each other in the towns of Middletown and Port Jervis, NY, and Matamoras, PA.
Individual locations of each facility are also appealing in that they have a strong downtown
presence.
Each facility is similar in construction, and offers multiple floors of storage. The units are built inside
of a brick or block building which is able to provide additional security and durability. All locations
feature exterior lighting, computerized door and/or loading dock access, digital surveillance,
manager?s office, outside parking spaces, and elevators. Truck rental is also available, as well as
ancilliary supplies.
The current physical portfolio occupancy as of August 31, 2010 is 92%. As a result, this acquisition
offers the benefits of adding value through unit absorption and rental rate increases while gaining
economies of scale through possible expansion. |
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$1,600,000
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1
Buildings
199
Units
Traditional Sites
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Listing 20 of 85
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This information has been obtained from third parties and the SBOA cannot guarantee the accuracy or completeness of the information. It is the obligation of the parties of a potential transaction to perform such due diligence as is deemed necessary to determine the accuracy and completeness of the information herein, including reviewing the full property presentation available for the Listing Broker.
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