Self Storage in Valdosta, GA, Sold

Self Storage in Valdosta, GA, Sold
Hilton Head Island, SC, July 13, 2016 --( Georgia Self Storage, located in Valdosta, GA, was sold in June to a regional buyer and commanded a sales price of approximately $60 per RSF. The buyer formed an LLC for the purpose of acquiring the facility.

Dale C. Eisenman, CCIM, of Midcoast Properties, Inc., a leading self storage broker in the Southeast, represented the seller and had the listing to market the facility.

The facility is comprised 61,000 +/- RSF and over 500 climate and traditional self storage units along with a free standing rental office on over 6 acres. Amenities include RV, boat and car parking, security cameras, computerized gate entrance, a rental office with moving supplies and good visibility. The site offers room to expand and a new climate controlled building is being contemplated by the buyer.

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, Georgia and Alabama. 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
(843) 342-7650
(843) 342-7680 fax
Midcoast Properties, Inc
Dale C. Eisenman