Turnbull Equity Acquires 4 Self Storage Properties In Crescent City For $15M

Turnbull Equity has recently acquired four properties in Crescent City, California for a total of $15 million. The portfolio comprises of 961 units, including heated units and 34 RV/boat spaces. The properties are located at 1880 Northcrest, 1065 Mcnamara, 1565 S Railroad, and 176 Elk Valley. The total square footage of these self-storage facilities is 148,267, resulting in a price per square foot of $101.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $15,000,000
• SF: 148,267
• PPSF: $101

Turnbull Equity, represented by Ryan Brown & Colby Nelson, purchased these properties from undisclosed sellers. The sale was facilitated by broker Brandon Robinson of Calvary Realty. This acquisition highlights Turnbull Equity's ongoing interest in the self-storage market in Crescent City, and further expands their investment portfolio in the area.