Updated Sep 11, 2026
Naseema Mota Purchases Self Storage Facility From Grant Griffiths For $1.3M In McHenry
4400 Bull Valley Road
$1,300,000
$53/SF
Building Size
24,156 SF
Asset Type
Self Storage
Closing
Aug 28, 2026
About this deal
AI
The asset involved in this transaction is a self-storage facility located at 4400 Bull Valley Road in McHenry. The property spans 24,156 square feet and was sold for a price of $1,300,000, resulting in a price per square foot of $53.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $1,300,000
- Address: 4400 Bull Valley Road
- Market: McHenry
- Square Footage: 24,156
- Price Per Square Foot: $53
- Buyer: Naseema Mota
- Seller: Grant Griffiths
- Seller's Representatives: David Perlleshi & Frank DeSalvo - Franklin Street; Alex Erbs, Scott Rihm & Jesse Luke - Equicap Commercial
The transaction involved multiple brokers representing the seller, showcasing a partnership between Franklin Street and Equicap Commercial. David Perlleshi and Frank DeSalvo from Franklin Street collaborated with Alex Erbs, Scott Rihm, and Jesse Luke from Equicap Commercial to facilitate the deal successfully.
Players
McHenry Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93