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Self-Storage Facility

Boardwalk Storage (BSPR)

1753 Philadelphia Rd, Jasper, GA 30143

Listing Price: $4,625,000

Cap Rate
4.00%
Number of Units
151
Occupancy
94.0%
Rentable SF
39,050
Price/Rentable SF
$118.44
Year Built
2007

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 percent and there are expansions at seven of the ten locations.

Investment Highlights

  • Ten Property Self-Storage Portfolio Located Throughout Alabama, Georgia, and Tennessee
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Covered Parking, and Uncovered Parking
  • Expansions at Seven of the Ten Properties Totaling 160,130 Net Rentable Square-Feet
  • Excellent Visibility and Easily Accessible Locations
  • High Daily Traffic Counts at All Locations

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Self-Storage Facility

Boardwalk Storage (BSPR)

Listing Price: $4,625,000

Cap Rate
4.00%
Number of Units
151
Occupancy
94.0%
Rentable SF
39,050
Price/Rentable SF
$118.44
Year Built
2007

Investment Highlights

  • Ten Property Self-Storage Portfolio Located Throughout Alabama, Georgia, and Tennessee
  • Mix of Climate-Controlled Units, Non-Climate-Controlled Units, Covered Parking, and Uncovered Parking
  • Expansions at Seven of the Ten Properties Totaling 160,130 Net Rentable Square-Feet
  • Excellent Visibility and 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 percent and there are expansions at seven of the ten locations.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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