SUMMIT SELF STORAGE

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Details:

Sale Price: $4,200,000

Net Rentable SF: 22,490​

Units: 146

Price / NRSF: $188.97

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Transaction Highlights:

• 45-day Due Diligence Period; 5-Day
  Closing Thereafter

• All-Cash Buyer; No Financing

• Buyer Completed 1031 Exchange

• Buyer Sold Self Storage in Texas

• Sellers Partially Cashing Out; Partially Exchanging

• 6.5% Cap Rate; $186.75 per SF

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Broker Contact Information:

Christopher R. Secreto 

Senior Managing Director Investments

Executive Director, Self-Storage Division

(206) 826-5748

christopher.secreto@marcusmillichap.com

 

Samuel Olson

Self-Storage Division

(503) 200-2060

samuel.olson@marcusmillichap.com