Extra Space Storage Moreno Valley

Location: Moreno Valley, CA
Type: Self Storage
Price: $9,000,000

SMC has provided a $9,000,000 ten-year fixed rate mortgage for the refinance of Extra Space Storage Moreno Valley, an 85,500 SF self-storage storage facility located in the greater Los Angeles suburb of Moreno Valley, California. The Property is centrally located in the region, along Perris Boulevard (23,498 VPD) which provides north-south access to the Moreno Valley Freeway (SR-60) to the north and Interstate 215 (Escondido Expressway) to the south. The Property was originally developed in 2004 and consists of 797 storage units, of which approximately 7% are climate controlled.