Clovis, NM ยท Self-storage
A-Key Storage Portfolio
Numerous private equity offers. Price above guidance.
The deal at a glance
- Units
- 1,545
- Net rentable sq ft
- 235,978
- Offers
- Numerous Private Equity offers
- State
- New Mexico
- Seller profile
- Private regional operator
- Buyer profile
- National private REIT
The asset. Four-property fully stabilized self-storage portfolio, with an option to include an adjacent car wash.
The transaction
What actually happened.
Oakside sold a four-property, 235,978 NRSF portfolio in Clovis, New Mexico that dominated a 45,000-person Air Force base market with no REIT presence. The process produced numerous private equity offers and a price above guidance.
- 01
The challenge
A 45,000-person target market that leans on a nearby Air Force base, with no institutional or REIT presence to anchor pricing.
- 02
What Oakside did
Oakside framed the four properties as the chance to control an entire market with a superior product and marketing platform, then went to the relationships deep enough to pay for it.
- 03
The outcome
Numerous private equity offers, a price above guidance, and an on-time close.
Related transactions
More of the record.
Pre-Sale Strategy Session
Want this outcome for your facility?
A confidential call with Oakside's founders. We narrow the seven deferral structures beyond the 1031 to the two or three that fit your facility, and run the number you actually need after closing.