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Self-Storage Facility

Boardwalk Storage (BSOP)

6790 AL-15, Opelika, AL 36804

Listing Price: $4,375,000

Cap Rate
4.50%
Number of Units
220
Occupancy
91.0%
Rentable SF
45,036
Price/Rentable SF
$97.14
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Boardwalk Storage Portfolio with ten facilities located throughout Georgia, Tennessee and Alabama. The portfolio as a whole features 3,696 total units that make up 569,530 net rentable square feet which is made up of a mixture of both climate controlled units and non climate controlled units, as well as covered and uncovered parking. Several facilities are undergoing expansions that will be completed throughout 2022 and some facilities have room for potential further expansion.

Investment Highlights

  • 10 Facilities Located Throughout Georgia, Tennessee, and Alabama
  • 569,530 Net Rentable Square Feet | 3,696 Total Units
  • Facilities Feature Climate Controlled Units, Non Climate Controlled Units, Covered Parking, and Uncovered Parking
  • 8 Facilities With Expansions To Be Completed in 2022

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Self-Storage Facility

Boardwalk Storage (BSOP)

Listing Price: $4,375,000

Cap Rate
4.50%
Number of Units
220
Occupancy
91.0%
Rentable SF
45,036
Price/Rentable SF
$97.14
Year Built
2006

Investment Highlights

  • 10 Facilities Located Throughout Georgia, Tennessee, and Alabama
  • 569,530 Net Rentable Square Feet | 3,696 Total Units
  • Facilities Feature Climate Controlled Units, Non Climate Controlled Units, Covered Parking, and Uncovered Parking
  • 8 Facilities With Expansions To Be Completed in 2022

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Boardwalk Storage Portfolio with ten facilities located throughout Georgia, Tennessee and Alabama. The portfolio as a whole features 3,696 total units that make up 569,530 net rentable square feet which is made up of a mixture of both climate controlled units and non climate controlled units, as well as covered and uncovered parking. Several facilities are undergoing expansions that will be completed throughout 2022 and some facilities have room for potential further expansion.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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