Self-Storage Facility
Bearcat Self Storage Portfolio
603 Gardendale Ave, Long Beach, MS 39560
Listing Price: $4,900,000
Investment Overview
Marcus & Millichap is pleased to announce the exclusive offering of Bearcat Self Storage, a 5-property portfolio located in Long Beach, Mississippi. The Bearcat Self Storage Portfolio boasts a combined 480 inside non-climate, drive-up non-climate, and climate-controlled units within 61,350 rentable square feet. The Bearcat Self Storage Portfolio includes 5 facilities within 4 miles in Long Beach, Mississippi. The only all-Climate-Controlled facility, Bearcat Self Storage Gardendale is located at 603 Gardendale Ave and has 155 climate-controlled units within 18,050 square feet. Just 0.2 miles and 2 blocks away is Bearcat Self Storage Railroad, located at 500 E Railroad St. This facility has 97 total units – 49 climate controlled and 48 drive-up non climate units within 10,800 rentable square feet. Also within 1 square mile is Bearcat Self Storage Old Pass which consists of 63 total non-climate-controlled units and a 3,200 square foot warehouse space. Bearcat Self Storage Commission is made up of 94 total units – 30 climate controlled and 64 non climate controlled within 12,000 rentable square feet and Bearcat Self Storage 28th Street has 70 total units within 8,900 rentable square feet. This consists of 22 climate-controlled units and 48 non climate. Long Beach, Mississippi is home to the satellite campus of The University of Southern Mississippi, one of the nation’s leading research universities. Long Beach, also known as “The Friendly City”, showed a population of 17,320 in the 2020 census. This is comprised of 6,560 households and 6,560 families. The area offers all that a larger city would – industrial, commercial, and retail – while maintaining its small-town charm. At the heart of the city is a newly constructed city hall that is surrounded by restaurants, shops, and the local library. This opportunity is being offered at $79.87 per net rentable square feet. This opportunity gives an investor the ability to enjoy five fully fenced, gated and remotely managed self-storage facilities that are in lease up from the initial shock of rate increases. The current owner bought this portfolio knowing that he needed to get the rentals rates back up to speed and has increased the income substantially in doing so. End of Year two cap rate is 7.79%.
Investment Highlights
- 480 Units Combined
- 61,350 Total Net Rentable Square Feet
- 13.69 Total Acres
- Fully Fenced, Gated and Remotely Managed Lease Up Opportunity
Exclusively Listed By
Broker of Record
Listing Price: $4,900,000
Investment Highlights
- 480 Units Combined
- 61,350 Total Net Rentable Square Feet
- 13.69 Total Acres
- Fully Fenced, Gated and Remotely Managed Lease Up Opportunity
Investment Overview
Marcus & Millichap is pleased to announce the exclusive offering of Bearcat Self Storage, a 5-property portfolio located in Long Beach, Mississippi. The Bearcat Self Storage Portfolio boasts a combined 480 inside non-climate, drive-up non-climate, and climate-controlled units within 61,350 rentable square feet. The Bearcat Self Storage Portfolio includes 5 facilities within 4 miles in Long Beach, Mississippi. The only all-Climate-Controlled facility, Bearcat Self Storage Gardendale is located at 603 Gardendale Ave and has 155 climate-controlled units within 18,050 square feet. Just 0.2 miles and 2 blocks away is Bearcat Self Storage Railroad, located at 500 E Railroad St. This facility has 97 total units – 49 climate controlled and 48 drive-up non climate units within 10,800 rentable square feet. Also within 1 square mile is Bearcat Self Storage Old Pass which consists of 63 total non-climate-controlled units and a 3,200 square foot warehouse space. Bearcat Self Storage Commission is made up of 94 total units – 30 climate controlled and 64 non climate controlled within 12,000 rentable square feet and Bearcat Self Storage 28th Street has 70 total units within 8,900 rentable square feet. This consists of 22 climate-controlled units and 48 non climate. Long Beach, Mississippi is home to the satellite campus of The University of Southern Mississippi, one of the nation’s leading research universities. Long Beach, also known as “The Friendly City”, showed a population of 17,320 in the 2020 census. This is comprised of 6,560 households and 6,560 families. The area offers all that a larger city would – industrial, commercial, and retail – while maintaining its small-town charm. At the heart of the city is a newly constructed city hall that is surrounded by restaurants, shops, and the local library. This opportunity is being offered at $79.87 per net rentable square feet. This opportunity gives an investor the ability to enjoy five fully fenced, gated and remotely managed self-storage facilities that are in lease up from the initial shock of rate increases. The current owner bought this portfolio knowing that he needed to get the rentals rates back up to speed and has increased the income substantially in doing so. End of Year two cap rate is 7.79%.
Exclusively Listed By
Broker of Record

