Marcus & Millichap closed the sale of All About Storage, a 51,170-square-foot self-storage facility in Portland, Tennessee.
Brett Hatcher, Gabriel Coe and Nathan Coe, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. Jody McKibben, Tennessee Broker of Record, assisted in closing this transaction.
All About Storage features 55 climate-controlled units, 209 non-climate-controlled units, an office and an apartment unit totaling 51,170 net rentable square feet. The space also offers five RV parking spaces available for rent.
This is a stabilized and cash-flowing facility that is currently 95 percent physically occupied.
