Riverchase Self Storage and Summit Self Storage were sold to a national buyer in May. Michael Morrison, Associate Broker with Midcoast Properties, Inc., led this effort on the firm's behalf.
FOR IMMEDIATE RELEASE / PRURGENT
Riverchase Self Storage located in Lexington, South Carolina and Summit Self Storage, located in North Augusta, South Carolina were sold to a national buyer in May.
Michael Morrison, Associate Broker with Midcoast Properties, Inc., a leading self storage broker in the Southeast, led this effort on the firm's behalf.
Located approximately 60 miles from each other, the facilities feature a combined 1,310 self storage units, 490 of which are climate controlled, vehicle and RV parking, and over 168,360 RSF situated on 12.86. Both are located in growing communities, and enjoy a combined occupancy of 92%.
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:
(843) 342-7680 fax