Marcus & Millichap Brokers Sell Middle Island Self Storage For $25M

Located at 901 Middle Country Rd. in Middle Island, this self storage property was recently sold. The transaction took place on 10/11/2021 for a total sale price of $25,000,000. The property consists of 726 units, with an average price per unit of $34,435. The total square footage of the property is 74,061, with a price per square foot of $337.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $25,000,000
• Address: 901 Middle Country Rd.
• Market: Middle Island
• Units: 726
• Price per Unit: $34,435
• Square Footage: 74,061
• Price per Square Foot: $337

The sale of this self storage property was facilitated by Nathan Coe, Brett Hatcher, Gabriel Coe, and John Krueger from Marcus & Millichap. These brokers represented the parties involved in the deal, ensuring a successful transaction.