Collierville Self Storage

Location: Collierville, TN
Type: Self Storage
Price: $ 1,365,000

Collierville Self-Storage is a 10-building, 301-unit self-storage facility developed in 1999. The facility is located just southeast of Memphis in Collierville, Tennessee and was part of a 3 property portfolio. The Property is comprised of a mix of climate controlled and non-climate controlled units ranging in size from 25 square feet to 600 square feet, totaling 50,100 square feet. This financing had a 30-year amortization resulted in 81.7% loan-to-cost and 73.4% loan-to-value.