Self Storage in St. Pauls, NC, Recently Sold

Self Storage in St. Pauls, NC, Recently Sold
Hilton Head Island, SC, June 03, 2015 --( I-95 Mini Storage, a 29,755 net rentable square foot self-storage facility located in St. Pauls, North Carolina, was sold in late May and commanded a sales price of $900,000. The facility features 224 standard and climate units on 2.3 acres.

Dale C. Eisenman, CCIM of Midcoast Properties, Inc. a leading self storage broker in the Southeast had the listing to market the property. Michael Morrison, a Broker with Midcoast Properties, assisted with the transaction. The buyer, a private North Carolina investor, formed an LLC for the purpose of acquiring the facility.

I-95 Mini Storage was opened around 1992 and continuously expanded through 2008. The facility consists of seven self storage buildings. Amenities include drive-up and climate controlled units, security cameras, computerized gate entrance, and a rental office with retail supplies.

Midcoast Properties, Inc. is a leading broker of commercial real estate in the Southeast focusing on the Self Storage industry. Brokerage services are available in North Carolina, South Carolina, and Georgia. The firm’s focus is to be a valuable resource to self storage owners, buyers, industry members and investors.

For additional information contact:
Dale C. Eisenman, CCIM
Midcoast Properties, Inc.
(843) 342-7650
(843) 342-7680 fax
Midcoast Properties, Inc
Dale C. Eisenman