Success Story
Sure Safe Moving & Storage
Terrell, NC
SELLER PROFILE
Locally Owned and Operated
BUYER PROFILE
National Private Equity
PROPERTY PROFILE
Class A multi-story climate self-storage midway through physical stabilization
Summary
Institutional quality multi-story site locally owned and operated presented unique opportunity to implement institutional level management and marketing.
The property was experiencing stalled occupancy growth despite numerous factors pointing to positive long-term growth factors.
The target market on the Northwest portion of Lake Norman, NC has experienced exponential growth with $100k median incomes with further growth and build expected in the coming years.
Results
The Oakside Advantage yielded eight written offers with three groups separating themselves from the pack.
Our team secured a closed transaction with no price reduction while navigating macro market turbulence and multiple interest rates increases.