Marcus & Millichap closed the sale of the Storage Source One Two Property Portfolio, a 50,965-square-foot self-storage portfolio in Jonesborough, Tennessee.
Brian Kelly, Brett R. Hatcher, Gabriel Coe and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus, Ohio, office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Jody McKibben, Tennessee Broker of Record, assisted in closing this transaction.
Storage Source One Two Property Portfolio consists of two properties located about 13 miles away from each other in Jonesboro and Kingsport, Tennessee. The facilities feature a combined 429 units that are a mix of climate-controlled units, non-climate-controlled units and RV parking spaces that make up a combined 50,965 net rentable square feet. Both locations also have room for future expansions.