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Self-Storage Facility

Dini's Self Storage Portfolio

4024 Arendell St, Morehead City, NC 28557

Listing Price: Request For Offer

Number of Units
968
Occupancy
57.0%
Gross SF
98,224
Rentable SF
98,224
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Dini's Self Storage portfolio in New Bern and Morehead City, NC. This portfolio consists of three newly built 100% climate controlled facilities totaling 972 units and 98,650 NRSF. Both Morehead city locations leased up very quickly since opening the doors, and are located just 1.75 miles from each other. The New Bern location has leased up over 34% since opening last year, and is strategically located within the Carolina Colours Community, which is recognized as one of the very best NC residential communities with multiple new multifamily and residential developments under construction or planned. There is an opportunity to expand at 2 of the 3 locations.

Investment Highlights

  • Three newly built Properties located in Morehead City and New Bern, NC
  • Excellent visibility at each site
  • Opportunity to expand at 2 of the 3 properties
  • High Average household incomes
  • In place rents $18/sf

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Self-Storage Facility

Dini's Self Storage Portfolio

Listing Price: Request For Offer

Number of Units
968
Occupancy
57.0%
Gross SF
98,224
Rentable SF
98,224
Year Built
2021

Investment Highlights

  • Three newly built Properties located in Morehead City and New Bern, NC
  • Excellent visibility at each site
  • Opportunity to expand at 2 of the 3 properties
  • High Average household incomes
  • In place rents $18/sf

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale Dini's Self Storage portfolio in New Bern and Morehead City, NC. This portfolio consists of three newly built 100% climate controlled facilities totaling 972 units and 98,650 NRSF. Both Morehead city locations leased up very quickly since opening the doors, and are located just 1.75 miles from each other. The New Bern location has leased up over 34% since opening last year, and is strategically located within the Carolina Colours Community, which is recognized as one of the very best NC residential communities with multiple new multifamily and residential developments under construction or planned. There is an opportunity to expand at 2 of the 3 locations.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    First Vice President Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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