Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a two-property self-storage portfolio consisting of Stand By Storage in Andalusia, AL and Mini Max Storage in Florala, AL. The portfolio totals approximately 23,700 NRSF and offers investors the opportunity to acquire stabilized, cash-flowing assets with immediate income and multiple avenues for future growth. Both facilities are currently operating with solid occupancy and provide consistent in-place cash flow. At the same time, the portfolio offers significant operational upside through the implementation of modern self-storage management practices. Current ownership has not implemented several industry-standard revenue drivers such as tenant insurance, administrative fees, late fees, and other ancillary income streams. Additionally, implementing management software, a dedicated website, and online reservation capabilities could significantly enhance marketing exposure and improve leasing efficiency. Neither property currently has a Google presence, presenting an immediate opportunity to improve visibility and generate additional customer traffic. The surrounding trade areas benefit from limited self-storage supply and no known new developments currently in the pipeline, supporting long-term occupancy stability and the ability to increase rental rates over time.