facebook
Traded Co logo
Submit

Turnbull Equity Acquires Self Storage Portfolio In Crescent City For $15M

Property Image
SOLD
$15,000,000
Brandon Robinson
Ingla Robinson

California

See Similar Deals
Self Storage148,670 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Turnbull Equity Acquires Self Storage Portfolio In Crescent City For $15M

1065 McNamara Rd Crescent City, CA 95531, USA

See Similar Deals
Self Storage148,670 SF
Sold
Brandon Robinson
Ingla Robinson
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Self Storage
Price Per Square Foot:$100
Total Square Footage:148670 SF
Transaction Type:Sale

A self storage property located at 1065 McNamara Rd., 176 Elk Valley Rd., 1565 S Railroad Ave., and 1880 Northcrest Dr. in Crescent City has been sold. The property spans a total of 148,670 square feet with a price per square foot of $101. The transaction took place on 07/20/2023.

Summary of transation details

The deal was facilitated by brokers Brandon Robinson and Ingla Robinson of Calvary Realty. They acted as representatives for the buyer and seller, respectively. The transaction price of $15,000,000 was agreed upon, matching the initial asking price. The property is located in Crescent City, providing a strategic location for the self storage asset.

Players

Brandon Robinson
Calvary Realty
Brandon Robinson
11 deals$61.6M volume(760) 534-8135
BROKER
Ingla Robinson
Ingla Robinson
6 deals$40.2M volume(909) 380-0073
BROKER
TE
Turnbull Equity
BUYER

Details

SOLD
IMAGE: Brandon Robinson & Ingla Robinson DATE: 07/20/2023 ADDRESS: 1065 McNamara Rd., 176 Elk Valley Rd., 1565 S Railroad Ave. & 1880 Northcrest Dr. MARKET: Crescent City ASSET TYPE: Self Storage BUYER: Turnbull Equity (@Turnbull_Equity) SELLER: Larry Hall & Gabriel Hall BROKERS: Brandon Robinson (@Brandon_calvaryrealty) & Ingla Robinson (@Ingla.Robinson) - Calvary Realty (@CalvaryRealty) ASKING PRICE: $15,000,000 SALE PRICE: $15,000,000 SF: 148,670 ~ PPSF: $101

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83