Marcus & Millichap Sells Old South Storage Self Storage Facility In Nantucket For $5.6M

The property involved in this transaction is a self-storage facility known as Old South Storage, located at 54 Old South Road, Nantucket, MA. The facility comprises 198 units and spans 17,344 square feet. The sale price was $5,600,000, translating to a price per unit of $28,283.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $5,600,000
• Units: 198
• Price Per Unit: $28,283
• Address: 54 Old South Road, Nantucket, MA

The transaction was facilitated by Marcus & Millichap, with brokers Kevin Bledsoe, Matthew Junkin, Michael Palladino, and Thomas Shihadeh representing the undisclosed seller. Thomas Shihadeh acted as the broker of record for the deal.