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Self-Storage Facility

Boardwalk Storage (BSSR)

901 Sequoyah Rd, Soddy-Daisy, TN 37379

Listing Price: $9,225,000

Cap Rate
2.23%
Number of Units
506
Occupancy
48.0%
Rentable SF
81,536
Price/Rentable SF
$113.14
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Boardwalk Storage 10 Property Portfolio. The properties are located in Alabama, Georgia, and Tennessee. The facilities combine to make up 569,530 net rentable square feet and have a combined 3,369 units. The portfolio currently has a combined occupancy of 64% and there are expansions at 7 of the 10 locations.

Investment Highlights

  • 10 Property Self Storage Portfolio Located Throughout Alabama, Georgia, and Tennessee
  • Mix of CC Units, NCC Units, Covered Parking, and Uncovered Parking
  • Expansions at 7 of the 10 Properties Totaling 160,130 NRSF
  • Excellent Visibility & Easily Accessible Locations
  • High Daily Traffic Counts at All Locations

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Financing By

Self-Storage Facility

Boardwalk Storage (BSSR)

Listing Price: $9,225,000

Cap Rate
2.23%
Number of Units
506
Occupancy
48.0%
Rentable SF
81,536
Price/Rentable SF
$113.14
Year Built
1988

Investment Highlights

  • 10 Property Self Storage Portfolio Located Throughout Alabama, Georgia, and Tennessee
  • Mix of CC Units, NCC Units, Covered Parking, and Uncovered Parking
  • Expansions at 7 of the 10 Properties Totaling 160,130 NRSF
  • Excellent Visibility & Easily Accessible Locations
  • High Daily Traffic Counts at All Locations

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Boardwalk Storage 10 Property Portfolio. The properties are located in Alabama, Georgia, and Tennessee. The facilities combine to make up 569,530 net rentable square feet and have a combined 3,369 units. The portfolio currently has a combined occupancy of 64% and there are expansions at 7 of the 10 locations.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

Financing By

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