Marcus & Millichap closed the sale of Dot Mini Storage — and the developable land that comes with it — in Coon Rapids, Minnesota.
Dot Mini Storage is a 240-unit self-storage facility with 6.7 acres of developable land. The asset sold for $2.005 million.
Adam Haydon, an investment specialist in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Haydon and Adam Schlosser, an investment specialist in Marcus & Millichap’s Denver office.
Dot Mini Storage is located at 9900 Vale Street Northwest in Coon Rapids. The facility was built in 1984 and features an on-site manager’s office and apartment, coded-access gate, perimeter fencing and a heated warehouse.
