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Self-Storage Facility

Troy Self Storage

816 US-231, Troy, AL 36081

Listing Price: Request For Offer

Number of Units
866
Occupancy
73.0%
Rentable SF
102,622
Year Built
1991

Investment Overview

Marcus & Millichap is pleased to exclusively offer Troy Self Storage, a four-property self-storage portfolio located in Troy, Alabama. Strategically positioned just minutes from Troy University, the facilities benefit from a stable student population, consistent rental demand, and strong local economic drivers.

The primary location, situated along Highway 231, enjoys exceptional visibility and accessibility with traffic counts exceeding 32,000 vehicles per day. This high-exposure corridor serves as a major retail and commuter thoroughfare for the market, further enhancing the property’s long-term leasing potential.

Constructed between 1991 and 2020, the portfolio comprises 102,622 net rentable square feet of both non-climate and climate-controlled self-storage across four well-located sites. The diverse unit mix allows an investor to capture demand from a broad customer base, including residential, student, and commercial users.

This offering presents a compelling opportunity to achieve meaningful scale within the Troy market. A new owner can further enhance operations through professional third-party management, revenue management strategies, rental rate optimization, tenant insurance implementation, and other operational efficiencies designed to drive NOI growth and maximize long-term asset value.

Investment Highlights

  • 102,622 NRSF of Storage Across 4 Properties
  • Over 32,000 VPD on US-231
  • 14.6% Projected Income Growth
  • Newly Added Climate Control Location (2020)
  • Low Saturation - 7.45 SF/Capita 
  • Significant Economic & Residential Growth

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Self-Storage Facility

Troy Self Storage

Listing Price: Request For Offer

Number of Units
866
Occupancy
73.0%
Rentable SF
102,622
Year Built
1991

Investment Highlights

  • 102,622 NRSF of Storage Across 4 Properties
  • Over 32,000 VPD on US-231
  • 14.6% Projected Income Growth
  • Newly Added Climate Control Location (2020)
  • Low Saturation - 7.45 SF/Capita 
  • Significant Economic & Residential Growth

Investment Overview

Marcus & Millichap is pleased to exclusively offer Troy Self Storage, a four-property self-storage portfolio located in Troy, Alabama. Strategically positioned just minutes from Troy University, the facilities benefit from a stable student population, consistent rental demand, and strong local economic drivers. The primary location, situated along Highway 231, enjoys exceptional visibility and accessibility with traffic counts exceeding 32,000 vehicles per day. This high-exposure corridor serves as a major retail and commuter thoroughfare for the market, further enhancing the property’s long-term leasing potential. Constructed between 1991 and 2020, the portfolio comprises 102,622 net rentable square feet of both non-climate and climate-controlled self-storage across four well-located sites. The diverse unit mix allows an investor to capture demand from a broad customer base, including residential, student, and commercial users. This offering presents a compelling opportunity to achieve meaningful scale within the Troy market. A new owner can further enhance operations through professional third-party management, revenue management strategies, rental rate optimization, tenant insurance implementation, and other operational efficiencies designed to drive NOI growth and maximize long-term asset value.

Broker of Record

  • Eddie Greenhalgh

    Senior Managing Director Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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