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Keith Wasserman Of Gelt Venture Partners Acquires 678-Unit Self Storage Facility In Napa

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SOLD

California

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Self Storage72,400 SF
Sold 07/31/2025
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SOLD

Keith Wasserman Of Gelt Venture Partners Acquires 678-Unit Self Storage Facility In Napa

1025 Golden Gate Drive

See Similar Deals
Self Storage72,400 SF
Sold 07/31/2025
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Summary

CALIFORNIA
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:72,400 SF
Transaction Type:Sale

The self-storage facility located at 1025 Golden Gate Drive in Napa, CA features 678 units within a 72,400 square foot structure, situated on a 4.27-acre lot. The property is currently 90% occupied and has been rebranded as Public Storage following its acquisition.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: Undisclosed
  • Units: 678
  • Square Footage: 72,400
  • Address: 1025 Golden Gate Drive
  • Market: Napa
  • Acres: 4.27
  • Buyer: Keith Wasserman - Gelt Venture Partners
  • Broker: Matthews Real Estate Investment Services

Keith Wasserman, representing Gelt Venture Partners, focuses on value-add strategies by targeting under-managed properties in high-demand California locations with limited competition, as exemplified by this acquisition.

Players

BROKERAGE

Keith Wasserman
7 deals$549.7M volume
BUYER

Details

SOLD
IMAGE: Keith Wasserman DATE: 07/31/2025 ADDRESS: 1025 Golden Gate Drive MARKET: Napa ASSET TYPE: Self Storage ~ UNITS: 678 ~ SF: 72,400 ~ ACRES: 4.27 BUYER: Keith Wasserman (@KFWasserman) - Gelt Venture Partners BROKER: Matthews Real Estate Investment Services (@Matthews_REIS) NOTE: Gelt Venture Partners acquired a 678-unit self-storage facility in Napa, CA for an undisclosed price, rebranding the 72,400 SF property as Public Storage. The 90% occupied asset fits Gelt’s value-add strategy, targeting under-managed properties in prime California locations with limited competition.

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