Self-Storage Facility
Legacy Storage Portfolio
3102 S McColl Rd, Edinburg, TX 78539
Listing Price: $24,000,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Legacy Storage Portfolio spanning 6 states (GA, OH, MI, NM, TX, LA). This portfolio consists of eight facilities totaling 2837 units and 350,654 NRSF with a mix of non-climate controlled units, climate-controlled units, parking, and office. All facilities are fully fenced, have controlled gate access, video surveillance, and an onsite office. This is a value-add investment opportunity with upside through revenue management and expansion potential at 6 of the 8 sites. The new owner will have the option to assume an existing CMBS loan with favorable terms.
Investment Highlights
- 8 Property Portfolio Spanning 6 States
- 89% Physically Occupied Across 350,654 NRSF
- Upside Through Revenue Management (68% Eco Occ)
- Over 123,000 Average Population (5-Mile Radius)
- Expansion Potential at 6 of the 8 Properties
- 5.96 to 12.95 Saturation Range (5-Mile Radius)
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $24,000,000
Investment Highlights
- 8 Property Portfolio Spanning 6 States
- 89% Physically Occupied Across 350,654 NRSF
- Upside Through Revenue Management (68% Eco Occ)
- Over 123,000 Average Population (5-Mile Radius)
- Expansion Potential at 6 of the 8 Properties
- 5.96 to 12.95 Saturation Range (5-Mile Radius)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Legacy Storage Portfolio spanning 6 states (GA, OH, MI, NM, TX, LA). This portfolio consists of eight facilities totaling 2837 units and 350,654 NRSF with a mix of non-climate controlled units, climate-controlled units, parking, and office. All facilities are fully fenced, have controlled gate access, video surveillance, and an onsite office. This is a value-add investment opportunity with upside through revenue management and expansion potential at 6 of the 8 sites. The new owner will have the option to assume an existing CMBS loan with favorable terms.